John Cecil Marcum - Dec 30, 2022 Form 4 Insider Report for Ramaco Resources, Inc. (METC)

Role: Chief Accounting Officer
Signature: /s/ Barkley J. Sturgill, Jr., as attorney in fact
Stock symbol: METC
Transactions as of: Dec 30, 2022
Transactions value $: -$18,489
Form type: 4
Date filed: 1/4/2023, 03:10 PM
Previous filing: Feb 18, 2022
Next filing: Feb 21, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	METC	Common Stock	Award	$0	+4.32K	+3.03%	$0.00	147K	Dec 30, 2022	Direct
transaction	METC	Common Stock	Tax liability	-$18.5K	-2.11K	-1.44%	$8.75	145K	Dec 30, 2022	Direct	F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	METC	Restricted Stock Units	Disposed to Issuer	$0	-4.32K	-33.33%	$0.00	8.64K	Dec 30, 2022	Common Stock	4.32K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of METC common stock.
F2	The first installment of restricted stock units vested on December 30, 2022.
F3	Shares sold upon vesting to satisfy tax obligations. The number of shares withheld was based on the closing price of the Issuer's common stock on December 29, 2022. Such shares were acquired as treasury stock by the Issuer.