Evan H. Jenkins - Jan 31, 2025 Form 4 Insider Report for Ramaco Resources, Inc. (METC)

Signature
/s/ Jonathan Tyler Adkins, Attorney-in-Fact
Stock symbol
METC
Transactions as of
Jan 31, 2025
Transactions value $
-$15,732
Form type
4
Date filed
2/3/2025, 05:15 PM
Previous filing
May 30, 2024
Next filing
Feb 25, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction METC Class A common stock Tax liability -$15.7K -1.63K -6.95% $9.64 21.8K Jan 31, 2025 Direct F1, F2
transaction METC Class B common stock Award $0 +323 $0.00 323 Dec 16, 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 12, 2024, the Reporting Person received a restricted stock grant of 14,552 shares (the "February Grant") under the Ramaco Resources, Inc.'s (the "Company") 2017 Long Term Incentive Plan. The first of three installments under the February Grant vested on January 31, 2025.
F2 Shares surrendered upon vesting of the first installment of the February Grant to satisfy tax obligations. The number of shares surrendered was based on the closing price of the Company's Class A common stock on January 30, 2025.
F3 On November 20, 2024, the Issuer declared stock dividends of $0.1375 per share of Class A common stock, payable in shares of the Company's Class B common stock on December 16, 2024 (the "December Dividend"), to shareholders of record as of the close of Nasdaq on December 2, 2024, with the amount of Class B shares to be issued per share for the Company's Class A common stock determined by dividing the dividend amount by the closing transaction price of the Class B common stock at the close of the market on the record date ($9.96). As a result, the reporting person received 323 shares of Company's Class B common stock.