| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | METC | Common Stock | Disposed to Issuer | $0 | -130K | -100% | $0.00* | 0 | Jun 21, 2023 | Direct | F1 |
| transaction | METC | Class A common stock | Award | $0 | +130K | $0.00 | 130K | Jun 21, 2023 | Direct | F1 | |
| transaction | METC | Class B common stock | Award | $0 | +26.1K | $0.00 | 26.1K | Jun 21, 2023 | Direct | F2 | |
| transaction | METC | Class A common stock | Sale | -$251K | -15K | -11.5% | $16.75 | 115K | Nov 10, 2023 | Direct | F3, F4 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | On June 21, 2023, Ramaco Resources, Inc. (the "Company") reclassified its existing common stock, par value $0.01 per share, as shares of Class A common stock, par value $0.01 per share. |
| F2 | On June 21, 2023, the Company 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 the record date for the Distribution. |
| F3 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $16.67 to $16.91, inclusive. |
| F4 | The reporting person undertakes to provide Ramaco Resources, Inc., any security holder of Ramaco Resources, Inc., 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 Footnote (3). |
The reported sale of 15,000 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 11/14/2022.