Bryan H. Lawrence - Nov 16, 2023 Form 4 Insider Report for Ramaco Resources, Inc. (METC)

Role
Director
Signature
/s/ Bryan H. Lawrence
Stock symbol
METC
Transactions as of
Nov 16, 2023
Transactions value $
-$463,633
Form type
4
Date filed
11/20/2023, 09:14 PM
Previous filing
Nov 15, 2023
Next filing
Nov 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction METC Class A Common Stock, par value $0.01 per share Sale -$184K -11.2K -0.33% $16.47 3.38M Nov 20, 2023 See Footnote F1, F2, F4
transaction METC Class B Common Stock, par value $0.01 per share Sale -$713 -50 -0.01% $14.27 730K Nov 20, 2023 See Footnote F1, F3, F4
transaction METC Class A Common Stock, par value $0.01 per share Sale -$278K -16.9K -0.33% $16.47 5.11M Nov 20, 2023 See Footnote F1, F2, F5
transaction METC Class B Common Stock, par value $0.01 per share Sale -$1.07K -75 -0.01% $14.27 1.09M Nov 20, 2023 See Footnote F1, F3, F5
holding METC Class A Common Stock, par value $0.01 per share 120K Nov 16, 2023 Direct
holding METC Class B Common Stock, par value $0.01 per share 23.9K Nov 16, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for Section 16 or any other purpose.
F2 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.40 to $16.76, inclusive. The reporting person undertakes to Ramaco Resources, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes (2) and (3).
F3 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.26 to $14.27, inclusive.
F4 These securities are owned directly by Yorktown Energy Partners X, L.P. ("Yorktown X"). The reporting person is a member and manager of Yorktown X Associates LLC, the general partner of Yorktown X Company LP, the general partner of Yorktown X.
F5 These securities are owned directly by Yorktown Energy Partners XI, L.P. ("Yorktown XI"). The reporting person is a member and manager of Yorktown XI Associates LLC, the general partner of Yorktown XI Company LP, the general partner of Yorktown XI.

Remarks:

This the second of two filings on Form 4 by the reporting person.