| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | METC | Class A common stock | Options Exercise | $0 | +4,321 | +3.8% | $0.000000 | 119,230 | 15 Dec 2024 | Direct | F1 |
| transaction | METC | Class A common stock | Tax liability | $22,513 | -1,873 | -1.6% | $12.02 | 117,357 | 15 Dec 2024 | Direct | F2 |
| transaction | METC | Class B common stock | Options Exercise | $0 | +864 | +3.4% | $0.000000 | 26,089 | 15 Dec 2024 | Direct | F1, F3 |
| transaction | METC | Class B common stock | Tax liability | $3,927 | -374 | -1.4% | $10.50 | 25,715 | 15 Dec 2024 | Direct | F3, F4 |
| transaction | METC | Class B common stock | Options Exercise | $0 | +80 | +0.31% | $0.000000 | 25,795 | 15 Dec 2024 | Direct | F5 |
| transaction | METC | Class B common stock | Tax liability | $351 | -34 | -0.13% | $10.32 | 25,761 | 15 Dec 2024 | Direct | F6, F7 |
| 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 | -4,321 | -100% | $0.000000 | 0 | 15 Dec 2024 | Class A common stock | 4,321 | $0.000000 | Direct | F1, F8 |
| transaction | METC | Restricted Stock Units | Options Exercise | $0 | -864 | -100% | $0.000000 | 0 | 15 Dec 2024 | Class B common stock | 864 | $0.000000 | Direct | F1, F9 |
| transaction | METC | Dividend Equivalent Units | Options Exercise | $0 | -80 | -100% | $0.000000 | 0 | 15 Dec 2024 | Class B common stock | 80 | Direct | F10 |
| 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, to shareholders of record as of the close of Nasdaq on December 2, 2024 (the "December Dividend"), 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 2,134 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 | Class B common stock paid in settlement of dividend equivalent units underlying (A) restricted stock units in respect of Class A common stock and (B) restricted stock units in respect of Class B common stock. See footnotes 3 and 7 for further detail. |
| F6 | Shares surrendered to satisfy tax withholding obligations on Class B common stock delivered in settlement of dividend equivalent units on restricted stock units in respect of Class A common stock and Class B common stock. The number of shares was 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 | As a result of the December Dividend, the reporting person received 80 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 34 were used to satisfy tax withholding obligations. |
| F8 | Each restricted stock unit represents a contingent right to receive one share of Class A common stock. |
| F9 | Each restricted stock unit represents a contingent right to receive one share of Class B common stock. |
| F10 | 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 7 for further detail. |