Walter J. Scheller - Feb 8, 2023 Form 4 Insider Report for WARRIOR MET COAL, INC. (HCC)

Role
Chief Executive Officer, Director
Signature
/s/ Kelli K. Gant, by power of attorney
Stock symbol
HCC
Transactions as of
Feb 8, 2023
Transactions value $
-$3,032,653
Form type
4
Date filed
2/10/2023, 04:04 PM
Previous filing
Feb 22, 2022
Next filing
Feb 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCC Common Stock Award $0 +182K +115.52% $0.00 340K Feb 8, 2023 Direct F1
transaction HCC Common Stock Tax liability -$3.03M -81K -23.8% $37.43 259K Feb 8, 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 +17.9K $0.00 17.9K Feb 8, 2023 Common Stock 17.9K Direct F6
holding HCC Restricted Stock Units 8.87K Feb 8, 2023 Common Stock 8.87K Direct F3
holding HCC Restricted Stock Units 16.7K Feb 8, 2023 Common Stock 16.7K Direct F4
holding HCC Restricted Stock Units 20.6K Feb 8, 2023 Common Stock 20.6K 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) 67,243 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) 63,123 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) 52,133 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.