Bryan H. Lawrence - May 23, 2022 Form 4 Insider Report for Ramaco Resources, Inc. (METC)

Role: Director
Signature: /s/ Bryan H Lawrence
Stock symbol: METC
Transactions as of: May 23, 2022
Transactions value $: -$7,356,433
Form type: 4
Date filed: 5/25/2022, 06:53 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
holding	METC	Common Stock, par value $0.01 per share						3.69M	May 23, 2022	See Footnote	F2, F7
holding	METC	Common Stock, par value $0.01 per share						5.59M	May 23, 2022	See Footnote	F2, F8
holding	METC	Common Stock, par value $0.01 per share						120K	May 23, 2022	Direct

* 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 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.
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 a member and manager of Yorktown IX Associates LLC, the general partner of Yorktown IX Company LP, the general partner of Yorktown IX.
F7	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.
F8	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.