Yorktown IX Associates LLC - May 23, 2022 Form 4 Insider Report for Ramaco Resources, Inc. (METC)

Role
10%+ Owner
Signature
Yorktown IX Associates LLC /s/ Bryan H Lawrence, Manager
Stock symbol
METC
Transactions as of
May 23, 2022
Transactions value $
-$7,356,433
Form type
4
Date filed
5/25/2022, 06:52 PM
Previous filing
May 20, 2022
Next filing
May 31, 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 -$3.34M -222K -3.27% $15.05 6.56M May 23, 2022 See Footnote F1, F2, F3, F6
transaction METC Common Stock, par value $0.01 per share Sale -$1.15M -78.9K -1.2% $14.59 6.48M May 24, 2022 See Footnote F1, F2, F4, F6
transaction METC Common Stock, par value $0.01 per share Sale -$2.87M -196K -3.03% $14.62 6.28M May 25, 2022 See Footnote F1, F2, F5, F6
* 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 $14.36 to $15.35, 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) and (5).
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.22 to $15.01, inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.94 to $14.90, inclusive.
F6 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.