Charles Lussier - 17 Feb 2022 Form 4 Insider Report for WARRIOR MET COAL, INC. (HCC)

Signature
/s/ Kelli K. Gant, by power of attorney
Issuer symbol
HCC
Transactions as of
17 Feb 2022
Net transactions value
-$147,298
Form type
4
Filing time
22 Feb 2022, 10:39:13 UTC
Previous filing
18 Feb 2022
Next filing
10 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCC Common Stock Award $0 +10,713 +68% $0.000000 26,569 17 Feb 2022 Direct F1
transaction HCC Common Stock Tax liability $147,298 -4,750 -18% $31.01 21,819 17 Feb 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HCC Restricted Stock Units Award $0 +4,682 $0.000000 4,682 17 Feb 2022 Common Stock 4,682 Direct F5
holding HCC Restricted Stock Units 1,980 17 Feb 2022 Common Stock 1,980 Direct F3
holding HCC Restricted Stock Units 3,716 17 Feb 2022 Common Stock 3,716 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the issuance of (i) 2,078 shares of common stock of the issuer earned pursuant to the performance-based restricted stock units ("RSUs") granted to the reporting person on February 8, 2019, (ii) 4,454 shares of common stock of the issuer earned pursuant to the performance-based RSUs granted to the reporting person on February 13, 2020, and (iii) 4,181 shares of common stock of the issuer earned pursuant to the performance-based RSUs granted to the reporting person on February 16, 2021, each based on the issuer's performance during the performance period from January 1, 2021 through December 31, 2021. This transaction is exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-3(d) thereunder.
F2 Represents the withholding of shares for tax purposes.
F3 The RSUs were granted to the reporting person under the Warrior Met Coal, Inc. 2017 Equity Incentive Plan, and vest in equal installments on each of the first three anniversaries of February 13, 2020, the date of grant.
F4 The RSUs were granted to the reporting person under the Warrior Met Coal, Inc. 2017 Equity Incentive Plan, and vest in equal installments on each of the first three anniversaries of February 16, 2021, the date of grant.
F5 The RSUs were granted to the reporting person under the Warrior Met Coal, Inc. 2017 Equity Incentive Plan, and vest in equal installments on each of the first three anniversaries of February 17, 2022, the date of grant.