Jeremy R. Sussman - Dec 30, 2022 Form 4 Insider Report for Ramaco Resources, Inc. (METC)

Signature
/s/ Barkley J. Sturgill, as attorney in fact
Stock symbol
METC
Transactions as of
Dec 30, 2022
Transactions value $
-$56,053
Form type
4
Date filed
1/4/2023, 03:07 PM
Previous filing
Jul 5, 2022
Next filing
Feb 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction METC Common Stock Award $0 +14.4K +3.28% $0.00 455K Dec 30, 2022 Direct
transaction METC Common Stock Tax liability -$56.1K -6.41K -1.41% $8.75 448K Dec 30, 2022 Direct F3

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 Disposed to Issuer $0 -14.4K -33.33% $0.00 28.9K Dec 30, 2022 Common Stock 14.4K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of METC common stock.
F2 The first installment of restricted stock units vested on December 30, 2022.
F3 Shares sold upon vesting to satisfy tax obligations. The number of shares withheld was based on the closing price of the Issuer's common stock on December 29, 2022. Such shares were acquired as treasury stock by the Issuer.