4//SEC Filing
Sussman Jeremy R. 4
Accession 0001415889-25-002754
CIK 0001687187other
Filed
Feb 2, 7:00 PM ET
Accepted
Feb 3, 5:15 PM ET
Size
23.6 KB
Accession
0001415889-25-002754
Insider Transaction Report
Form 4
Sussman Jeremy R.
CHIEF FINANCIAL OFFICER
Transactions
- Exercise/Conversion
Class A common stock
2025-01-31+33,000→ 366,184 total - Exercise/Conversion
Class B common stock
2025-01-31+558→ 77,105 total - Tax Payment
Class A common stock
2025-01-31$9.64/sh−9,355$90,182→ 356,829 total - Tax Payment
Class B common stock
2025-01-31$8.95/sh−1,240$11,098→ 76,547 total - Tax Payment
Class B common stock
2025-01-31$8.81/sh−157$1,383→ 76,948 total - Exercise/Conversion
Restricted Stock Units
2025-01-31−11,123→ 22,246 totalExercise: $0.00→ Class A common stock (11,123 underlying) - Exercise/Conversion
Restricted Stock Units
2025-01-31−4,375→ 4,376 totalExercise: $0.00→ Class B common stock (4,375 underlying) - Exercise/Conversion
Dividend Equivalent Units
2025-01-31−558→ 0 totalExercise: $0.00→ Class B common stock (558 underlying) - Exercise/Conversion
Class B common stock
2025-01-31+4,375→ 77,787 total - Exercise/Conversion
Restricted Stock Units
2025-01-31−21,877→ 21,877 totalExercise: $0.00→ Class A common stock (21,877 underlying)
Footnotes (9)
- [F1]The second installment of restricted stock units granted on February 20, 2023 under the Ramaco Resources, Inc.'s (the "Company") Long Term Incentive Plan vested on January 31, 2025.
- [F2]The first installment of restricted stock units granted on February 29, 2024 under the Company's Long Term Incentive Plan vested on January 31, 2025.
- [F3]Shares surrendered upon vesting 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.
- [F4]Shares surrendered upon vesting to satisfy tax obligations. The number of shares surrendered was based on the closing price of the Company's Class B common stock on January 30, 2025.
- [F5]On November 20, 2024, the Issuer declared stock dividends of $0.1375 per share of Class A common stock and $0.2364 per share of Class B common stock, both payable in shares of the Issuer'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 each respective class of 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 558 dividend equivalent units of Company's Class B common stock which vest at the same time as the underlying restricted stock units.
- [F6]As a result of the December Dividend, the reporting person received 558 shares of Company's Class B common stock as of January 31, 2025 in respect of the stock dividends following settlement of the restricted stock units, of which 157 were used to satisfy tax withholding obligations. The number of shares withheld was calculated based on the closing price of the Company's Class B common stock on the date of delivery of the shares (January 31, 2025).
- [F7]Each restricted stock unit represents a contingent right to receive one share of Class A common stock.
- [F8]Each restricted stock unit represents a contingent right to receive one share of Class B common stock.
- [F9]Dividend equivalent units underlying the restricted stock units listed above with respect to Class A and with respect to Class B common stock. See Footnote 5 for further detail.
Documents
Issuer
Ramaco Resources, Inc.
CIK 0001687187
Entity typeother
Related Parties
1- filerCIK 0001782102
Filing Metadata
- Form type
- 4
- Filed
- Feb 2, 7:00 PM ET
- Accepted
- Feb 3, 5:15 PM ET
- Size
- 23.6 KB