Form 4 for METC Ramaco Resources, Inc.
Accepted 2023-11-15 00:00:00 ET · period of report 2023-11-13 · accession 0001140361-23-053555 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2023-11-15 | 2023-11-13+ | METC | Yorktown IX Associates LLC | 10% | S - Sale | $18.23 | -238.0K | 5.49M | -4% | -$4.34M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class B Common Stock, par value $0.01 per share | 2023-11-14 | S | D | 575 | $15.83 | 1,120,336 | I See Footnote | — | — | (F1) The reporting person disclaims beneficial ownership of these securities except to the extent of its 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. (F6) The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.45 to $16.21, inclusive. (F10) On June 21, 2023, the Issuer issued and distributed via dividend to holders of existing common stock (the "Distribution") 0.2 shares of Class B Common Stock, $0.01 par value ("Class B Common Stock"), per share of existing common stock held by each holder as of May 12, 2023, the record date of the Distribution. As a result, 1,121,888 shares of Class B Common Stock were issued to Yorktown IX. (F11) These securities are owned directly by Yorktown IX. The reporting person is the general partner of Yorktown IX Company LP, the general partner of Yorktown IX. |
| 2 | Common | Class B Common Stock, par value $0.01 per share | 2023-11-14 | S | D | 1,057 | $17.52 | 1,119,279 | I See Footnote | — | — | (F1) The reporting person disclaims beneficial ownership of these securities except to the extent of its 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. (F7) The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.30 to $17.72, inclusive. (F10) On June 21, 2023, the Issuer issued and distributed via dividend to holders of existing common stock (the "Distribution") 0.2 shares of Class B Common Stock, $0.01 par value ("Class B Common Stock"), per share of existing common stock held by each holder as of May 12, 2023, the record date of the Distribution. As a result, 1,121,888 shares of Class B Common Stock were issued to Yorktown IX. (F11) These securities are owned directly by Yorktown IX. The reporting person is the general partner of Yorktown IX Company LP, the general partner of Yorktown IX. |
| 3 | Common | Class A Common Stock, par value $0.01 per share | 2023-11-15 | S | D | 109,490 | $18.05 | 5,383,833 | I See Footnote | — | — | (F1) The reporting person disclaims beneficial ownership of these securities except to the extent of its 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. (F8) The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.75 to $18.41, inclusive. (F11) These securities are owned directly by Yorktown IX. The reporting person is the general partner of Yorktown IX Company LP, the general partner of Yorktown IX. |
| 4 | Common | Class B Common Stock, par value $0.01 per share | 2023-11-15 | S | D | 9,720 | $14.13 | 1,109,559 | I See Footnote | — | — | (F1) The reporting person disclaims beneficial ownership of these securities except to the extent of its 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. (F9) The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.00 to $14.85, inclusive. (F10) On June 21, 2023, the Issuer issued and distributed via dividend to holders of existing common stock (the "Distribution") 0.2 shares of Class B Common Stock, $0.01 par value ("Class B Common Stock"), per share of existing common stock held by each holder as of May 12, 2023, the record date of the Distribution. As a result, 1,121,888 shares of Class B Common Stock were issued to Yorktown IX. (F11) These securities are owned directly by Yorktown IX. The reporting person is the general partner of Yorktown IX Company LP, the general partner of Yorktown IX. |
| 5 | Common | Class B Common Stock, par value $0.01 per share | 2023-11-15 | S | D | 75 | $15.01 | 1,109,484 | I See Footnote | — | — | (F1) The reporting person disclaims beneficial ownership of these securities except to the extent of its 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. (F10) On June 21, 2023, the Issuer issued and distributed via dividend to holders of existing common stock (the "Distribution") 0.2 shares of Class B Common Stock, $0.01 par value ("Class B Common Stock"), per share of existing common stock held by each holder as of May 12, 2023, the record date of the Distribution. As a result, 1,121,888 shares of Class B Common Stock were issued to Yorktown IX. (F11) These securities are owned directly by Yorktown IX. The reporting person is the general partner of Yorktown IX Company LP, the general partner of Yorktown IX. |
| 6 | Common | Class A Common Stock, par value $0.01 per share | 2023-11-14 | S | D | 56,077 | $18.28 | 5,537,660 | I See Footnote | — | — | (F1) The reporting person disclaims beneficial ownership of these securities except to the extent of its 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. (F4) The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.15 to $18.89, inclusive (F11) These securities are owned directly by Yorktown IX. The reporting person is the general partner of Yorktown IX Company LP, the general partner of Yorktown IX. |
| 7 | Common | Class B Common Stock, par value $0.01 per share | 2023-11-13 | S | D | 977 | $16.11 | 1,120,911 | I See Footnote | — | — | (F1) The reporting person disclaims beneficial ownership of these securities except to the extent of its 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. (F3) The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.02 to $16.38, inclusive. (F10) On June 21, 2023, the Issuer issued and distributed via dividend to holders of existing common stock (the "Distribution") 0.2 shares of Class B Common Stock, $0.01 par value ("Class B Common Stock"), per share of existing common stock held by each holder as of May 12, 2023, the record date of the Distribution. As a result, 1,121,888 shares of Class B Common Stock were issued to Yorktown IX. (F11) These securities are owned directly by Yorktown IX. The reporting person is the general partner of Yorktown IX Company LP, the general partner of Yorktown IX. |
| 8 | Common | Class A Common Stock, par value $0.01 per share | 2023-11-13 | S | D | 15,703 | $18.32 | 5,593,737 | I See Footnote | — | — | (F1) The reporting person disclaims beneficial ownership of these securities except to the extent of its 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 $18.25 to $18.56, 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), (3), (4), (5) (6), (7), (8) and (9). (F11) These securities are owned directly by Yorktown IX. The reporting person is the general partner of Yorktown IX Company LP, the general partner of Yorktown IX. |
| 9 | Common | Class A Common Stock, par value $0.01 per share | 2023-11-14 | S | D | 44,337 | $19.58 | 5,493,323 | I See Footnote | — | — | (F1) The reporting person disclaims beneficial ownership of these securities except to the extent of its 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. (F5) The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.15 to $19.93, inclusive (F11) These securities are owned directly by Yorktown IX. The reporting person is the general partner of Yorktown IX Company LP, the general partner of Yorktown IX. |