Jack K. Richardson - 08 Feb 2023 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
08 Feb 2023
Net transactions value
-$970,298
Form type
4
Filing time
10 Feb 2023, 15:53:04 UTC
Previous filing
22 Feb 2022
Next filing
15 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCC Common Stock Award $0 +62,363 +80% $0.000000 140,407 08 Feb 2023 Direct F1
transaction HCC Common Stock Tax liability $970,298 -25,923 -18% $37.43 114,484 08 Feb 2023 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 +7,868 $0.000000 7,868 08 Feb 2023 Common Stock 7,868 Direct F6
holding HCC Restricted Stock Units 4,098 08 Feb 2023 Common Stock 4,098 Direct F3
holding HCC Restricted Stock Units 7,693 08 Feb 2023 Common Stock 7,693 Direct F4
holding HCC Restricted Stock Units 9,088 08 Feb 2023 Common Stock 9,088 Direct F5
* 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) 23,287 shares of common stock of the issuer earned pursuant to the performance-based restricted stock units ("RSUs") granted to the reporting person on February 13, 2020, (ii) 21,861 shares of common stock of the issuer earned pursuant to the performance-based RSUs granted to the reporting person on February 16, 2021, and (iii) 17,215 shares of common stock of the issuer earned pursuant to the performance-based RSUs granted to the reporting person on February 17, 2022, each based on the issuer's performance during the performance period from January 1, 2022 through December 31, 2022. 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.
F6 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 8, 2023, the date of grant.