Walter J. Scheller - Feb 8, 2024 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, 2024
Transactions value $: -$3,967,623
Form type: 4
Date filed: 2/12/2024, 06:48 PM
Previous filing: Feb 21, 2023
Next filing: Feb 21, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HCC	Common Stock	Award	$0	+142K	+52.06%	$0.00	415K	Feb 8, 2024	Direct	F1
transaction	HCC	Common Stock	Tax liability	-$3.8M	-63K	-15.18%	$60.39	352K	Feb 8, 2024	Direct	F2
transaction	HCC	Common Stock	Options Exercise	$0	+5.96K	+1.69%	$0.00	358K	Feb 8, 2024	Direct	F3
transaction	HCC	Common Stock	Tax liability	-$163K	-2.7K	-0.75%	$60.39	355K	Feb 8, 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	-5.96K	-33.33%	$0.00	11.9K	Feb 8, 2024	Common Stock	5.96K		Direct	F6
transaction	HCC	Restricted Stock Units	Award	$0	+11.9K		$0.00	11.9K	Feb 8, 2024	Common Stock	11.9K		Direct	F7
holding	HCC	Restricted Stock Units						8.33K	Feb 8, 2024	Common Stock	8.33K		Direct	F4
holding	HCC	Restricted Stock Units						13.8K	Feb 8, 2024	Common Stock	13.8K		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) 55,906 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) 46,172 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) 39,974 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.