Yorktown IX Associates LLC - 24 Nov 2023 Form 4 Insider Report for Ramaco Resources, Inc. (METC)

Role: 10%+ Owner
Signature: Yorktown IX Associates LLC /s/ Bryan H Lawrence, Managing Member
Issuer symbol: METC
Transactions as of: 24 Nov 2023
Net transactions value: -$1,526,406
Form type: 4
Filing time: 28 Nov 2023, 20:54:57 UTC
Previous filing: 20 Nov 2023
Next filing: 01 Dec 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	$31,165	-1,762	-0.03%	$17.69	5,130,269	24 Nov 2023	See Footnote	F1, F2, F8
transaction	METC	Class B Common Stock, par value $0.01 per share	Sale	$6,196	-388	-0.04%	$15.97	1,094,422	24 Nov 2023	See Footnote	F1, F3, F8
transaction	METC	Class A Common Stock, par value $0.01 per share	Sale	$976,912	-56,512	-1.1%	$17.29	5,073,757	27 Nov 2023	See Footnote	F1, F4, F8
transaction	METC	Class B Common Stock, par value $0.01 per share	Sale	$17,470	-1,130	-0.1%	$15.46	1,093,292	27 Nov 2023	See Footnote	F1, F5, F8
transaction	METC	Class A Common Stock, par value $0.01 per share	Sale	$487,112	-28,641	-0.56%	$17.01	5,045,116	28 Nov 2023	See Footnote	F1, F6, F8
transaction	METC	Class B Common Stock, par value $0.01 per share	Sale	$7,551	-479	-0.04%	$15.76	1,092,813	28 Nov 2023	See Footnote	F1, F7, F8

* 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 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.
F2	The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.52 to $17.80, 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) and (7).
F3	The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.75 to $16.11, inclusive.
F4	The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.00 to $17.43, inclusive
F5	The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.00 to $15.99, inclusive
F6	The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.75 to $17.44, inclusive.
F7	The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.75 to $15.85, inclusive.
F8	These securities are owned directly by Yorktown Energy Partners IX, L.P. ("Yorktown IX"). The reporting person is the general partner of Yorktown IX Company LP, the general partner of Yorktown IX.