| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | METC | Class A common stock | Options Exercise | $0 | +30.9K | +7.34% | $0.00 | 451K | Dec 15, 2024 | Direct | F1 |
| transaction | METC | Class A common stock | Tax liability | -$146K | -12.2K | -2.69% | $12.02 | 439K | Dec 15, 2024 | Direct | F2 |
| transaction | METC | Class B common stock | Options Exercise | $0 | +6.17K | +6.63% | $0.00 | 99.3K | Dec 15, 2024 | Direct | F1, F3 |
| transaction | METC | Class B common stock | Tax liability | -$25.5K | -2.43K | -2.45% | $10.50 | 96.9K | Dec 15, 2024 | Direct | F3, F4 |
| transaction | METC | Class B common stock | Options Exercise | $0 | +572 | +0.59% | $0.00 | 97.4K | Dec 15, 2024 | Direct | F5 |
| transaction | METC | Class B common stock | Tax liability | -$2.32K | -225 | -0.23% | $10.32 | 97.2K | Dec 15, 2024 | Direct | F6 |
| holding | METC | Class A common stock | 5K | Dec 15, 2024 | By Daughter | F7 | |||||
| holding | METC | Class B common stock | 1.09K | Dec 15, 2024 | By Daughter | F8 | |||||
| holding | METC | Class A common stock | 2.18M | Dec 15, 2024 | Trustee for the Randall Whittaker Atkins Revocable Trust U/A DTD | ||||||
| holding | METC | Class B common stock | 476K | Dec 15, 2024 | Trustee for the Randall Whittaker Atkins Revocable Trust U/A DTD | F9 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | METC | Restricted Stock Units | Options Exercise | $0 | -30.9K | -100% | $0.00 | 0 | Dec 15, 2024 | Class A common stock | 30.9K | $0.00 | Direct | F1, F10 |
| transaction | METC | Restricted Stock Units | Options Exercise | $0 | -6.17K | -100% | $0.00 | 0 | Dec 15, 2024 | Class B common stock | 6.17K | $0.00 | Direct | F1, F11 |
| transaction | METC | Dividend Equivalent Units | Options Exercise | $0 | -572 | -100% | $0.00 | 0 | Dec 15, 2024 | Class B common stock | 572 | Direct | F1, F4, F12 |
| Id | Content |
|---|---|
| F1 | The third and final installment of restricted stock units granted on February 16, 2022 under the Ramaco Resources, Inc.'s (the "Company") Long Term Incentive Plan vested on December 15, 2024. |
| F2 | Shares surrendered upon vesting to satisfy tax obligations. The number of shares surrendered was based on the closing price of the Issuer's Class A common stock on December 13, 2024. |
| F3 | On November 20, 2024, the Issuer declared stock dividends of $0.1375 per share of Class A common stock and $0.2364 per share of Class B common stock, both payable in shares of the Issuer's Class B common stock on December 16, 2024 (the "December Dividend"), to shareholders of record as of the close of Nasdaq on December 2, 2024, with the amount of Class B shares to be issued per share for each respective class of stock determined by dividing the dividend amount by the closing transaction price of the Class B common stock at the close of the market on the record date ($9.96). As a result, the reporting person received 7,827 shares of Company's Class B common stock as of December 16, 2024. |
| F4 | Shares surrendered upon vesting to satisfy tax obligations. The number of shares surrendered was based on the closing price of the Issuer's Class B common stock on December 13, 2024. |
| F5 | As a result of the December Dividend, the reporting person received 572 shares of Company's Class B common stock as of December 16, 2024. |
| F6 | As a result of the December Dividend, the reporting person received 572 shares of Company's Class B common stock as of December 16, 2024 in respect of the stock dividends following settlement of the restricted stock units, of which 225 were used to satisfy tax withholding obligations. The number of shares withheld was calculated based on the closing price of the Issuer's Class B common stock on the date of delivery of the shares (December 16, 2024). |
| F7 | This holding is held by the reporting person's daughter, who shares reporting person's household. The reporting person disclaims beneficial ownership of the shares held by his daughter, and this report should not be deemed an admission that the reporting person is the beneficial owner of his daughter's shares for purposes of Section 16 or for any other purpose. |
| F8 | Amount includes 92 shares received as a result of the December Dividend. |
| F9 | Amount includes 40,419 shares received as a result of the December Dividend. |
| F10 | Each restricted stock unit represents a contingent right to receive one share of Class A common stock. |
| F11 | Each restricted stock unit represents a contingent right to receive one share of Class B common stock. |
| F12 | Dividend equivalent units underlying both tranches of restricted stock units listed above with respect to Class A common stock and with respect to Class B common stock. See footnotes 3 and 6 for further detail. |