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Ramaco Resources, Inc. — Director's Dealing 2024
Feb 2, 2024
31692_dirs_2024-02-02_2b874a8d-f91d-4b00-9324-9989c7bcef27.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: Sturgill Barkley Jennings (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-01-31 | Class A common stock | M | 4805 | — | Acquired | 152888 | Direct |
| 2024-01-31 | Class A common stock | F | 1778 | $19.11 | Disposed | 151110 | Direct |
| 2024-01-31 | Class B common stock | M | 961 | — | Acquired | 30832 | Direct |
| 2024-01-31 | Class B common stock | F | 356 | $12.82 | Disposed | 30476 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-01-31 | Restricted Stock Units | $0 | M | 4805 | Disposed | Class A common stock (4805) | Direct | |
| 2024-01-31 | Restricted Stock Units | $0 | M | 961 | Disposed | Class B common stock (961) | Direct |
Footnotes
F1: The first installment of restricted stock units granted on February 20, 2023 under the Company's Long Term Incentive Plan vested on 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.
F4: Each restricted stock unit represents a contingent right to receive one share of Class A common stock.
F5: This consists of 3,703 restricted stock units remaining from the Company's February 16, 2022 grant and 9,611 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 741 restricted stock units remaining from the Company's February 16, 2022 grant and 1,922 restricted stock units remaining from the Company's February 20, 2023 grant.