Randall Whittaker Atkins - Aug 19, 2022 Form 4 Insider Report for Ramaco Resources, Inc. (METC)

Role: CEO and Chairman, Director
Signature: /s/ Barkley J. Sturgill Jr., as attorney in fact
Stock symbol: METC
Transactions as of: Aug 19, 2022
Transactions value $: $58,009
Form type: 4
Date filed: 8/23/2022, 04:10 PM
Previous filing: Jul 5, 2022
Next filing: Jan 4, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	METC	Common Stock	Options Exercise	$107K	+20K	+2.84%	$5.34	725K	Aug 19, 2022	Direct
transaction	METC	Common Stock	Tax liability	-$48.8K	-4.23K	-0.58%	$11.54	721K	Aug 19, 2022	Direct	F1
holding	METC	Common Stock						5K	Aug 19, 2022	By Daughter	F2
holding	METC	Common Stock						2.18M	Aug 19, 2022	Trustee for the Randall Whittaker Atkins Revocable Trust U/A DTD 02/26/2013

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	Employee Stock Option (right to buy)	Options Exercise	$0	+20K	+4.67%	$0.00	449K	Aug 19, 2022	Common Stock	20K	$5.34	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares sold upon exercise of employee stock options to satisfy tax obligations. The number of shares withheld was based on the closing price of the Issuer's common stock on August 19, 2022. Such shares were acquired as treasury stock by the Issuer.
F2	This transaction involved a gift of securities by the reporting person to his 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.