Form 4 for METC Ramaco Resources, Inc.
Accepted 2023-12-18 00:00:00 ET · period of report 2023-12-15 · accession 0001415889-23-016612 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-12-18 | 2023-06-21 | METC | Horn Paul Bryan Jr. | SVP, CHIEF MINE DEV. Off | D - Sale to Iss | $0.00 | -25.5K | 0 | -100% | $0 |
| DM | 2023-12-18 | 2023-06-21 | METC | Horn Paul Bryan Jr. | SVP, CHIEF MINE DEV. Off | A - Grant | $0.00 | +30.6K | 5,093 | New | $0 |
| DM | 2023-12-18 | 2023-12-15 | METC | Horn Paul Bryan Jr. | SVP, CHIEF MINE DEV. Off | F - Tax | $14.39 | -2,939 | 4,603 | -39% | -$42.3K |
| DM | 2023-12-18 | 2023-06-21 | METC | Horn Paul Bryan Jr. | SVP, CHIEF MINE DEV. Off | A - Grant | $0.00 | +57.5K | 4,794 | New | $0 |
| DM | 2023-12-18 | 2023-06-21 | METC | Horn Paul Bryan Jr. | SVP, CHIEF MINE DEV. Off | D - Sale to Iss | $0.00 | -47.9K | 0 | -100% | $0 |
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 | Common Stock | 2023-06-21 | D | D | 25,467 | $0.00 | 0 | D | — | — | (F1) On June 21, 2023, Ramaco Resources, Inc. (the "Company"), reclassified its existing common stock, par value $0.01 per share, as shares of Class A common stock, par value $0.01 per share. |
| 2 | Common | Class A common stock | 2023-06-21 | A | A | 25,467 | $0.00 | 25,467 | D | — | — | (F1) On June 21, 2023, Ramaco Resources, Inc. (the "Company"), reclassified its existing common stock, par value $0.01 per share, as shares of Class A common stock, par value $0.01 per share. |
| 3 | Common | Class B common stock | 2023-06-21 | A | A | 5,093 | $0.00 | 5,093 | D | — | — | (F2) On June 21, 2023, the Company 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 the record date for the Distribution. |
| 4 | Common | Class A common stock | 2023-12-15 | F | D | 2,449 | $14.93 | 23,018 | D | — | — | |
| 5 | Common | Class B common stock | 2023-12-15 | F | D | 490 | $11.68 | 4,603 | D | — | — | |
| 6 | Derivative | Performance Stock Units | 2023-06-21 | A | A | 23,970 | $0.00 | 23,970 | D | $0.00 · — to 2025-12-31 | 23,970 Class A common stock | (F1) On June 21, 2023, Ramaco Resources, Inc. (the "Company"), reclassified its existing common stock, par value $0.01 per share, as shares of Class A common stock, par value $0.01 per share. (F8) Each holder of an outstanding performance stock unit ("PSU") with respect to a share of existing common stock received, in connection with the reclassification and Distribution, a new PSU, which represents a right, upon satisfaction of continued service conditions, to receive one share of Class A common stock. (F9) The PSUs vest upon the Company's Class A common stock achieving a specific total shareholder return for a measurement period. |
| 7 | Derivative | Performance Stock Units | 2023-06-21 | D | D | 23,970 | $0.00 | 0 | D | $0.00 · — to 2025-12-31 | 23,970 Common Stock | (F1) On June 21, 2023, Ramaco Resources, Inc. (the "Company"), reclassified its existing common stock, par value $0.01 per share, as shares of Class A common stock, par value $0.01 per share. (F8) Each holder of an outstanding performance stock unit ("PSU") with respect to a share of existing common stock received, in connection with the reclassification and Distribution, a new PSU, which represents a right, upon satisfaction of continued service conditions, to receive one share of Class A common stock. (F9) The PSUs vest upon the Company's Class A common stock achieving a specific total shareholder return for a measurement period. |
| 8 | Derivative | Restricted Stock Units | 2023-06-21 | A | A | 4,794 | $0.00 | 4,794 | D | $0.00 · — to — | 4,794 Class B common stock | (F7) Represents dividend equivalent rights in connection with the Distribution that accrue to the reporting person in restricted stock units that vest at the same time(s) as the underlying restricted stock units. (F2) On June 21, 2023, the Company 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 the record date for the Distribution. (F6) The RSUs vest in three equal installments beginning on January 31, 2024 |
| 9 | Derivative | Restricted Stock Units | 2023-06-21 | A | A | 23,970 | $0.00 | 23,970 | D | $0.00 · — to — | 23,970 Class A common stock | (F5) Each holder of an outstanding restricted stock unit ("RSU") with respect to a share of existing common stock received, in connection with the reclassification and Distribution, a new RSU, which represents a right, upon satisfaction of continued service conditions, to receive one share of Class A common stock. (F1) On June 21, 2023, Ramaco Resources, Inc. (the "Company"), reclassified its existing common stock, par value $0.01 per share, as shares of Class A common stock, par value $0.01 per share. (F6) The RSUs vest in three equal installments beginning on January 31, 2024 |
| 10 | Derivative | Restricted Stock Units | 2023-06-21 | D | D | 23,970 | $0.00 | 0 | D | $0.00 · — to — | 23,970 Common Stock | (F5) Each holder of an outstanding restricted stock unit ("RSU") with respect to a share of existing common stock received, in connection with the reclassification and Distribution, a new RSU, which represents a right, upon satisfaction of continued service conditions, to receive one share of Class A common stock. (F1) On June 21, 2023, Ramaco Resources, Inc. (the "Company"), reclassified its existing common stock, par value $0.01 per share, as shares of Class A common stock, par value $0.01 per share. (F6) The RSUs vest in three equal installments beginning on January 31, 2024 |
| 11 | Derivative | Performance Stock Units | 2023-06-21 | A | A | 4,794 | $0.00 | 4,794 | D | $0.00 · — to 2025-12-31 | 4,794 Class B common stock | (F2) On June 21, 2023, the Company 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 the record date for the Distribution. (F10) Represents dividend equivalent rights in connection with the Distribution that accrue to the reporting person in performance stock units that vest at the same time(s) as the underlying performance stock units. (F9) The PSUs vest upon the Company's Class A common stock achieving a specific total shareholder return for a measurement period. |