WALTER J. SCHELLER - 08 Feb 2024 Form 4 Insider Report for WARRIOR MET COAL, INC. (HCC)

Role
CHIEF EXECUTIVE OFFICER, Director
Signature
/s/ Kelli K. Gant, by power of attorney
Issuer symbol
HCC
Transactions as of
08 Feb 2024
Transactions value $
-$3,967,623
Form type
4
Filing time
12 Feb 2024, 18:48:11 UTC
Previous filing
21 Feb 2023
Next filing
21 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCC Common Stock Award $0 +142K +52.06% $0.00 415K 08 Feb 2024 Direct F1
transaction HCC Common Stock Tax liability -$3.8M -63K -15.18% $60.39 352K 08 Feb 2024 Direct F2
transaction HCC Common Stock Options Exercise $0 +5.96K +1.69% $0.00 358K 08 Feb 2024 Direct F3
transaction HCC Common Stock Tax liability -$163K -2.7K -0.75% $60.39 355K 08 Feb 2024 Direct F2

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 HCC Restricted Stock Units Options Exercise $0 -5.96K -33.33% $0.00 11.9K 08 Feb 2024 Common Stock 5.96K Direct F6
transaction HCC Restricted Stock Units Award $0 +11.9K $0.00 11.9K 08 Feb 2024 Common Stock 11.9K Direct F7
holding HCC Restricted Stock Units 8.33K 08 Feb 2024 Common Stock 8.33K Direct F4
holding HCC Restricted Stock Units 13.8K 08 Feb 2024 Common Stock 13.8K Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the issuance of (i) 55,906 shares of common stock of the issuer earned pursuant to the performance-based restricted stock units ("RSUs") granted to the reporting person on February 16, 2021, (ii) 46,172 shares of common stock of the issuer earned pursuant to the performance-based RSUs granted to the reporting person on February 17, 2022, and (iii) 39,974 shares of common stock of the issuer earned pursuant to the performance-based RSUs granted to the reporting person on February 8, 2023, each based on the issuer's performance during the performance period from January 1, 2023 through December 31, 2023. This transaction is exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-3(d) thereunder.
F2 Represents the withholding of shares for tax purposes.
F3 Represents the vesting and settlement of time-based RSUs, which convert into common stock on a one-for-one basis.
F4 The RSUs were granted to the reporting person under the Warrior Met Coal, Inc. 2017 Equity Incentive Plan, and vest in equal installments on each of the first three anniversaries of February 16, 2021, the date of grant.
F5 The RSUs were granted to the reporting person under the Warrior Met Coal, Inc. 2017 Equity Incentive Plan, and vest in equal installments on each of the first three anniversaries of February 17, 2022, the date of grant.
F6 The RSUs were granted to the reporting person under the Warrior Met Coal, Inc. 2017 Equity Incentive Plan, and vest in equal installments on each of the first three anniversaries of February 8, 2023, the date of grant.
F7 The RSUs were granted to the reporting person under the Warrior Met Coal, Inc. 2017 Equity Incentive Plan, and vest in equal installments on each of the first three anniversaries of February 8, 2024, the date of grant.