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Ramaco Resources, Inc. Director's Dealing 2024

Feb 2, 2024

31692_dirs_2024-02-02_bfba3af4-8934-4bed-9df9-5f8bc089e9d5.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ramaco Resources, Inc. (METC)
CIK: 0001687187
Period of Report: 2024-01-31

Reporting Person: Blanchard Christopher L (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-01-31 Class A common stock M 21877 Acquired 462763 Direct
2024-01-31 Class A common stock F 8094 $19.11 Disposed 454669 Direct
2024-01-31 Class B common stock M 4375 Acquired 93129 Direct
2024-01-31 Class B common stock F 1619 $12.82 Disposed 91510 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-01-31 Restricted Stock Units $0 M 21877 Disposed Class A common stock (21877) Direct
2024-01-31 Restricted Stock Units $0 M 4375 Disposed Class B common stock (4375) Direct

Footnotes

F1: The first installment of restricted stock units granted on February 20, 2023 under the Company's Long Term Incentive Plan vested of January 31, 2024.

F2: Shares forfeited upon vesting to satisfy tax obligations. The number of shares forfeited was based on the closing price of the Issuer's Class A common stock on January 30, 2024. Such shares were acquired as treasury stock by the Issuer.

F3: Shares forfeited upon vesting to satisfy tax obligations. The number of shares forfeited was based on the closing price of the Issuer's Class B common stock on January 30, 2024. Such shares were acquired as treasury stock by the Issuer.

F4: Each restricted stock unit represents a contingent right to receive one share of Class A common stock.

F5: This consists of 14,444 restricted stock units remaining from the Company's February 16, 2022 grant and 43,754 restricted stock units remaining from the Company's February 20, 2023 grant.

F6: Each restricted stock unit represents a contingent right to receive one share of Class B common stock.

F7: This consists of 2,888 restricted stock units remaining from the Company's February 16, 2022 grant and 8,751 restricted stock units remaining from the Company's February 20, 2023 grant.