Bryan H. Lawrence - 13 Nov 2023 Form 4 Insider Report for Ramaco Resources, Inc. (METC)

Role
Director
Signature
/s/ Bryan H. Lawrence
Issuer symbol
METC
Transactions as of
13 Nov 2023
Net transactions value
-$11,518,818
Form type
4
Filing time
15 Nov 2023, 21:43:45 UTC
Previous filing
16 Nov 2023
Next filing
20 Nov 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction METC Class A Common Stock, par value $0.01 per share Sale $287,635 -15,703 -0.28% $18.32 5,593,737 13 Nov 2023 See Footnote F1, F2, F11
transaction METC Class B Common Stock, par value $0.01 per share Sale $15,741 -977 -0.09% $16.11 1,120,911 13 Nov 2023 See Footnote F1, F3, F10, F11
transaction METC Class A Common Stock, par value $0.01 per share Sale $189,363 -10,338 -0.28% $18.32 3,682,543 13 Nov 2023 See Footnote F1, F2, F12
transaction METC Class B Common Stock, par value $0.01 per share Sale $10,376 -644 -0.09% $16.11 737,932 13 Nov 2023 See Footnote F1, F3, F10, F12
transaction METC Class A Common Stock, par value $0.01 per share Sale $286,481 -15,640 -0.28% $18.32 5,571,488 13 Nov 2023 See Footnote F1, F2, F13
transaction METC Class B Common Stock, par value $0.01 per share Sale $15,693 -974 -0.09% $16.11 1,116,451 13 Nov 2023 See Footnote F1, F3, F10, F13
transaction METC Class A Common Stock, par value $0.01 per share Sale $1,025,211 -56,077 -1% $18.28 5,537,660 14 Nov 2023 See Footnote F1, F4, F11
transaction METC Class A Common Stock, par value $0.01 per share Sale $868,181 -44,337 -0.8% $19.58 5,493,323 14 Nov 2023 See Footnote F1, F5, F11
transaction METC Class B Common Stock, par value $0.01 per share Sale $9,100 -575 -0.05% $15.83 1,120,336 14 Nov 2023 See Footnote F1, F6, F10, F11
transaction METC Class B Common Stock, par value $0.01 per share Sale $18,513 -1,057 -0.09% $17.52 1,119,279 14 Nov 2023 See Footnote F1, F7, F10, F11
transaction METC Class A Common Stock, par value $0.01 per share Sale $674,924 -36,917 -1% $18.28 3,645,626 14 Nov 2023 See Footnote F1, F4, F12
transaction METC Class A Common Stock, par value $0.01 per share Sale $571,542 -29,188 -0.8% $19.58 3,616,438 14 Nov 2023 See Footnote F1, F5, F12
transaction METC Class B Common Stock, par value $0.01 per share Sale $5,983 -378 -0.05% $15.83 737,554 14 Nov 2023 See Footnote F1, F6, F10, F12
transaction METC Class B Common Stock, par value $0.01 per share Sale $12,208 -697 -0.09% $17.52 736,857 14 Nov 2023 See Footnote F1, F7, F10, F12
transaction METC Class A Common Stock, par value $0.01 per share Sale $1,021,134 -55,854 -1% $18.28 5,515,634 14 Nov 2023 See Footnote F1, F4, F13
transaction METC Class A Common Stock, par value $0.01 per share Sale $864,715 -44,160 -0.8% $19.58 5,471,474 14 Nov 2023 See Footnote F1, F5, F13
transaction METC Class B Common Stock, par value $0.01 per share Sale $9,053 -572 -0.05% $15.83 1,115,879 14 Nov 2023 See Footnote F1, F6, F10, F13
transaction METC Class B Common Stock, par value $0.01 per share Sale $18,443 -1,053 -0.09% $17.52 1,114,826 14 Nov 2023 See Footnote F1, F7, F10, F13
transaction METC Class A Common Stock, par value $0.01 per share Sale $1,976,776 -109,490 -2% $18.05 5,383,833 15 Nov 2023 See Footnote F1, F8, F11
transaction METC Class B Common Stock, par value $0.01 per share Sale $137,322 -9,720 -0.87% $14.13 1,109,559 15 Nov 2023 See Footnote F1, F9, F10, F11
transaction METC Class B Common Stock, par value $0.01 per share Sale $1,126 -75 -0.01% $15.01 1,109,484 15 Nov 2023 See Footnote F1, F10, F11
transaction METC Class A Common Stock, par value $0.01 per share Sale $1,301,361 -72,080 -2% $18.05 3,544,358 15 Nov 2023 See Footnote F1, F8, F12
transaction METC Class B Common Stock, par value $0.01 per share Sale $90,404 -6,399 -0.87% $14.13 730,458 15 Nov 2023 See Footnote F1, F9, F10, F12
transaction METC Class B Common Stock, par value $0.01 per share Sale $750 -50 -0.01% $15.01 730,408 15 Nov 2023 See Footnote F1, F10, F12
transaction METC Class A Common Stock, par value $0.01 per share Sale $1,968,886 -109,053 -2% $18.05 5,362,421 15 Nov 2023 See Footnote F1, F8, F13
transaction METC Class B Common Stock, par value $0.01 per share Sale $136,771 -9,681 -0.87% $14.13 1,105,145 15 Nov 2023 See Footnote F1, F9, F10, F13
transaction METC Class B Common Stock, par value $0.01 per share Sale $1,126 -75 -0.01% $15.01 1,105,070 15 Nov 2023 See Footnote F1, F10, F13
holding METC Class A Common Stock, par value $0.01 per share 119,536 13 Nov 2023 Direct
holding METC Class B Common Stock, par value $0.01 per share 23,907 13 Nov 2023 Direct F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 $18.25 to $18.56, 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), (7), (8) and (9).
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.02 to $16.38, inclusive.
F4 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.15 to $18.89, inclusive.
F5 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.15 to $19.93, inclusive.
F6 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.45 to $16.21, inclusive.
F7 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.30 to $17.72, inclusive.
F8 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.75 to $18.41, inclusive.
F9 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.00 to $14.85, inclusive.
F10 On June 21, 2023, the Issuer issued and distributed via dividend to holders of existing common stock (the "Distribution") 0.2 shares of Class B Common Stock, $0.01 par value ("Class B Common Stock"), per share of existing common stock held by each holder as of May 12, 2023, the record date of the Distribution. As a result, 1,121,888 shares of Class B Common Stock were issued to Yorktown Energy Partners IX, L.P. ("Yorktown IX"); 738,576 shares of Class B Common Stock were issued to Yorktown Energy Partners X, L.P. ("Yorktown X"); 1,117,425 shares of Class B Common Stock were issued to Yorktown Energy Partners XI, L.P. ("Yorktown XI"); and 23,907 shares of Class B Common Stock were issued to the reporting person.
F11 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.
F12 These securities are owned directly by 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.
F13 These securities are owned directly by 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.