Paul Bryan Horn Jr. - Feb 29, 2024 Form 4 Insider Report for Ramaco Resources, Inc. (METC)

Role
SVP & CHIEF MINE DEV. OFFICER
Signature
/s/ Tyler Adkins, Attorney-in-Fact
Stock symbol
METC
Transactions as of
Feb 29, 2024
Transactions value $
$0
Form type
4
Date filed
3/4/2024, 04:38 PM
Previous filing
Feb 2, 2024

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 METC Restricted Stock Units Award $0 +15.3K +95.71% $0.00 31.3K Feb 29, 2024 Class A common stock 15.3K $0.00 Direct F1, F2, F3
transaction METC Performance Stock Units Award $0 +15.3K +63.8% $0.00 39.3K Feb 29, 2024 Class A common stock 15.3K $0.00 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Ramaco Resources, Inc. (the "Company") Class A common stock.
F2 The RSUs vest in three equal installments beginning January 31, 2025.
F3 This consists of 15,980 RSUs remaining under the Company's February 20, 2023 grant and 15,294 RSUs remaining under the Company's February 29, 2024 grant.
F4 Each performance stock unit ("PSU") represents a contingent right to receive one share of the Company's Class A common stock. The PSUs vest upon the Company's Class A common stock achieving a specified total shareholder return for a measurement period.
F5 This consists of 23,970 PSUs remaining from the Company's February 20, 2023 grant and 15,294 PSUs remaining from the Company's February 29, 2024 grant.