Sturgill Barkley Jennings 4

4 · Ramaco Resources, Inc. · Filed Feb 2, 2024

Form 4

Period: 2024-01-31

General Counsel

Transactions

Exercise/Conversion
Class A common stock
2024-01-31+4,805→ 152,888 total
Tax Payment
Class A common stock
2024-01-31$19.11/sh−1,778$33,978→ 151,110 total
Exercise/Conversion
Class B common stock
2024-01-31+961→ 30,832 total
Exercise/Conversion
Restricted Stock Units
2024-01-31−4,805→ 13,314 total
Exercise: $0.00→ Class A common stock (4,805 underlying)
Exercise/Conversion
Restricted Stock Units
2024-01-31−961→ 2,663 total
Exercise: $0.00→ Class B common stock (961 underlying)
Tax Payment
Class B common stock
2024-01-31$12.82/sh−356$4,564→ 30,476 total

Footnotes (7)

[F1]The first installment of restricted stock units granted on February 20, 2023 under the Company's Long Term Incentive Plan vested on January 31, 2024.
[F2]Shares forfeited upon vesting to satisfy tax obligations. The number of shares forfeited was based on the closing price of the Issuer's Class A common stock on January 30, 2024. Such shares were acquired as treasury stock by the issuer.
[F3]Shares forfeited upon vesting to satisfy tax obligations. The number of shares forfeited was based on the closing price of the Issuer's Class B common stock on January 30, 2024. Such shares were acquired as treasury stock.
[F4]Each restricted stock unit represents a contingent right to receive one share of Class A common stock.
[F5]This consists of 3,703 restricted stock units remaining from the Company's February 16, 2022 grant and 9,611 restricted stock units remaining from the Company's February 20, 2023 grant.
[F6]Each restricted stock unit represents a contingent right to receive one share of Class B common stock.
[F7]This consists of 741 restricted stock units remaining from the Company's February 16, 2022 grant and 1,922 restricted stock units remaining from the Company's February 20, 2023 grant.

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