Paul Bryan Horn Jr. - Dec 15, 2024 Form 4 Insider Report for Ramaco Resources, Inc. (METC)

Signature
/s/ Jonathan Tyler Adkins, Attorney-in-Fact
Stock symbol
METC
Transactions as of
Dec 15, 2024
Transactions value $
-$51,962
Form type
4
Date filed
12/17/2024, 04:05 PM
Previous filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction METC Class A common stock Tax liability -$44.2K -3.68K -12.93% $12.02 24.8K Dec 15, 2024 Direct F1, F2
transaction METC Class B common stock Tax liability -$7.73K -736 -11.84% $10.50 5.48K Dec 15, 2024 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The second installment of restricted stock granted to participant on September 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 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.
F4 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 527 shares of Company's Class B common stock as of December 16, 2024.