Jason Todd Fannin - Feb 29, 2024 Form 4 Insider Report for Ramaco Resources, Inc. (METC)

Role
CHIEF COMMERCIAL OFFICER
Signature
/s/ Tyler Adkins, Attorney-in-Fact
Stock symbol
METC
Transactions as of
Feb 29, 2024
Transactions value $
$0
Form type
4
Date filed
3/4/2024, 04:16 PM
Previous filing
Feb 2, 2024
Next filing
Jul 1, 2024

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 Award $0 +33.9K +61.18% $0.00 89.3K Feb 29, 2024 Class A common stock 33.9K $0.00 Direct F1, F2, F3
transaction METC Performance Stock Units Award $0 +33.9K +33.35% $0.00 136K Feb 29, 2024 Class A common stock 33.9K $0.00 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Ramaco Resources, Inc. (the "Company") Class A common stock.
F2 The RSUs vest in three equal installments beginning January 31, 2025.
F3 This consists of 12,345 RSUs remaining from the Company's February 16, 2022 grant, 43,062 RSUs remaining from the Company's February 20, 2023 grant, and 33,898 RSUs remaining from the Company's February 29, 2024 grant.
F4 Each performance stock unit ("PSU") represents a contingent right to receive one share of the Company's Class A common stock. The PSUs vest upon the Company's Class A common stock achieving a specified total shareholder return for a measurement period.
F5 This consists of 37,037 PSUs remaining from the Company's February 16, 2022 grant, 64,593 remaining from the Company's February 20, 2023 grant, and 33,898 remaining from the Company's February 29, 2024 grant.