Ramaco Resources, Inc. — Director's Dealing 2025

Mar 25, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ramaco Resources, Inc. (METC)
CIK: 0001687187
Period of Report: 2025-03-20

Reporting Person: LAWRENCE BRYAN H (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-03-20	Class A Common Stock, par value $0.01 per share	S	52792	$8.9128	Disposed	3902195	Indirect
2025-03-20	Class A Common Stock, par value $0.01 per share	S	42662	$8.9128	Disposed	3153537	Indirect
2025-03-20	Class A Common Stock, par value $0.01 per share	S	64546	$8.9128	Disposed	4771130	Indirect
2025-03-20	Class B Common Stock, par value $0.01 per share	S	7888	$8.0887	Disposed	1075444	Indirect
2025-03-20	Class B Common Stock, par value $0.01 per share	S	5192	$8.0887	Disposed	708001	Indirect
2025-03-20	Class B Common Stock, par value $0.01 per share	S	7856	$8.0887	Disposed	1071166	Indirect
2025-03-21	Class A Common Stock, par value $0.01 per share	S	59391	$8.7115	Disposed	3842804	Indirect
2025-03-21	Class A Common Stock, par value $0.01 per share	S	47995	$8.7115	Disposed	3105542	Indirect
2025-03-21	Class A Common Stock, par value $0.01 per share	S	72614	$8.7115	Disposed	4698516	Indirect
2025-03-21	Class B Common Stock, par value $0.01 per share	S	11303	$7.992	Disposed	1064141	Indirect
2025-03-21	Class B Common Stock, par value $0.01 per share	S	7440	$7.992	Disposed	700561	Indirect
2025-03-21	Class B Common Stock, par value $0.01 per share	S	11257	$7.992	Disposed	1059909	Indirect
2025-03-24	Class A Common Stock, par value $0.01 per share	S	74237	$8.9254	Disposed	3768567	Indirect
2025-03-24	Class A Common Stock, par value $0.01 per share	S	59994	$8.925	Disposed	3045548	Indirect
2025-03-24	Class A Common Stock, par value $0.01 per share	S	90769	$8.9254	Disposed	4607747	Indirect
2025-03-24	Class B Common Stock, par value $0.01 per share	S	7535	$7.9672	Disposed	1056606	Indirect
2025-03-24	Class B Common Stock, par value $0.01 per share	S	4960	$7.9672	Disposed	695601	Indirect
2025-03-24	Class B Common Stock, par value $0.01 per share	S	7505	$7.9672	Disposed	1052404	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock, par value $0.01 per share	134877	Direct

Footnotes

F1: The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for Section 16 or any other purpose.

F2: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.83 to $9.00, inclusive. The reporting person undertakes to Ramaco Resources, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes (2), (3), (4), (5), (6) and (7).

F3: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.59 to $9.00, inclusive.

F4: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.75 to $9.06, inclusive.

F5: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.00 to $8.40, inclusive.

F6: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.84 to $8.16, inclusive.

F7: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.83 to $8.12, inclusive.

F8: These securities are owned directly by Yorktown Energy Partners IX, L.P. ("Yorktown IX"). The reporting person is a member and manager of Yorktown IX Associates LLC, the general partner of Yorktown IX Company LP, the general partner of Yorktown IX.

F9: These securities are owned directly by Yorktown Energy Partners X, L.P. ("Yorktown X"). The reporting person is a member and manager of Yorktown X Associates LLC, the general partner of Yorktown X Company LP, the general partner of Yorktown X.

F10: These securities are owned directly by Yorktown Energy Partners XI, L.P. ("Yorktown XI"). The reporting person is a member and manager of Yorktown XI Associates LLC, the general partner of Yorktown XI Company LP, the general partner of Yorktown XI.