Kelli K. Gant - 08 Feb 2024 Form 4 Insider Report for WARRIOR MET COAL, INC. (HCC)

Signature
/s/ Kelli K. Gant
Issuer symbol
HCC
Transactions as of
08 Feb 2024
Net transactions value
-$847,574
Form type
4
Filing time
12 Feb 2024, 18:42:54 UTC
Previous filing
21 Feb 2023
Next filing
21 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCC Common Stock Award $0 +29,605 +57% $0.000000 81,637 08 Feb 2024 Direct F1
transaction HCC Common Stock Tax liability $793,162 -13,134 -16% $60.39 68,503 08 Feb 2024 Direct F2
transaction HCC Common Stock Options Exercise $0 +1,814 +2.6% $0.000000 70,317 08 Feb 2024 Direct F3
transaction HCC Common Stock Tax liability $54,411 -901 -1.3% $60.39 69,416 08 Feb 2024 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 Options Exercise $0 -1,814 -33% $0.000000 3,630 08 Feb 2024 Common Stock 1,814 Direct F6
transaction HCC Restricted Stock Units Award $0 +3,543 $0.000000 3,543 08 Feb 2024 Common Stock 3,543 Direct F7
holding HCC Restricted Stock Units 1,971 08 Feb 2024 Common Stock 1,971 Direct F4
holding HCC Restricted Stock Units 4,192 08 Feb 2024 Common Stock 4,192 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) 9,920 shares of common stock of the issuer earned pursuant to the performance-based restricted stock units ("RSUs") granted to the reporting person on February 16, 2021, (ii) 10,551 shares of common stock of the issuer earned pursuant to the performance-based RSUs granted to the reporting person on February 17, 2022, and (iii) 9,134 shares of common stock of the issuer earned pursuant to the performance-based RSUs granted to the reporting person on February 8, 2023, each based on the issuer's performance during the performance period from January 1, 2023 through December 31, 2023. 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 Represents the vesting and settlement of time-based RSUs, which convert into common stock on a one-for-one basis.
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.
F7 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, 2024, the date of grant.