Yorktown IX Associates LLC - 16 May 2022 Form 4 Insider Report for Ramaco Resources, Inc. (METC)

Role
10%+ Owner
Signature
Yorktown IX Associates LLC /s/ Bryan H Lawrence, Manager
Issuer symbol
METC
Transactions as of
16 May 2022
Net transactions value
-$10,045,484
Form type
4
Filing time
18 May 2022, 20:36:35 UTC
Previous filing
07 Mar 2022
Next filing
20 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction METC Common Stock, par value $0.01 per share Sale $3,466,022 -222,003 -2.9% $15.61 7,387,437 16 May 2022 See Footnote F1, F2, F3, F8
transaction METC Common Stock, par value $0.01 per share Sale $1,847,782 -110,590 -1.5% $16.71 7,276,847 16 May 2022 See Footnote F1, F2, F4, F8
transaction METC Common Stock, par value $0.01 per share Sale $2,913,810 -191,284 -2.6% $15.23 7,085,563 17 May 2022 See Footnote F1, F2, F5, F8
transaction METC Common Stock, par value $0.01 per share Sale $72,955 -4,541 -0.06% $16.07 7,081,022 17 May 2022 See Footnote F1, F2, F6, F8
transaction METC Common Stock, par value $0.01 per share Sale $1,734,241 -119,668 -1.7% $14.49 6,961,354 18 May 2022 See Footnote F1, F2, F7, F8
transaction METC Common Stock, par value $0.01 per share Sale $10,675 -700 -0.01% $15.25 6,960,654 18 May 2022 See Footnote F1, F2, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Yorktown Energy Partners IX, L.P. ("Yorktown IX") on March 17, 2022.
F2 The reporting person disclaims beneficial ownership of these securities except to the extent of its 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.
F3 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.13 to $16.12, 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 footnotes (3), (4), (5), (6) and (7).
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.14 to $17.05, inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.87 to $15.86, inclusive.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.88 to $16.24, inclusive.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.16 to $15.13, inclusive
F8 These securities are owned directly by Yorktown IX. The reporting person is the general partner of Yorktown IX Company LP, the general partner of Yorktown IX.