METC

SEC source: 0001140361-23-053555 · form4.xml · nonDerivative · entry 6

Yorktown IX Associates LLC · CIK 0001526187 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 1,119,279

F1 · shares: 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 · price: 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.

F1 · balance_after: 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 · balance_after: 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 · ownership.nature: 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.

SEC source: 0001140361-23-053555 · form4.xml · nonDerivative · entry 5

Yorktown IX Associates LLC · CIK 0001526187 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 1,120,336

F1 · shares: 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 · price: 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.

F1 · balance_after: 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 · balance_after: 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 · ownership.nature: 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.

SEC source: 0001140361-23-053555 · form4.xml · nonDerivative · entry 4

Yorktown IX Associates LLC · CIK 0001526187 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 5,493,323

F1 · shares: 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 · price: 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

F1 · balance_after: 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.

F11 · ownership.nature: 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.

SEC source: 0001140361-23-053555 · form4.xml · nonDerivative · entry 3

Yorktown IX Associates LLC · CIK 0001526187 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 5,537,660

F1 · shares: 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 · price: 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

F1 · balance_after: 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.

F11 · ownership.nature: 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.

SEC source: 0001140361-23-053554 · form4.xml · nonDerivative · entry 6

Yorktown Energy Partners XI, L.P. · CIK 0001667954 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,114,826

F6 · price: 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.

F9 · balance_after: 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, 1,117,425 shares of Class B Common Stock were issued to Yorktown Energy Partners XI, L.P.

SEC source: 0001140361-23-053554 · form4.xml · nonDerivative · entry 5

Yorktown Energy Partners XI, L.P. · CIK 0001667954 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,115,879

F5 · price: 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.

F9 · balance_after: 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, 1,117,425 shares of Class B Common Stock were issued to Yorktown Energy Partners XI, L.P.

SEC source: 0001140361-23-053554 · form4.xml · nonDerivative · entry 4

Yorktown Energy Partners XI, L.P. · CIK 0001667954 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,471,474

F4 · price: 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.

SEC source: 0001140361-23-053554 · form4.xml · nonDerivative · entry 3

Yorktown Energy Partners XI, L.P. · CIK 0001667954 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,515,634

F3 · price: 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.

SEC source: 0001140361-23-053553 · form4.xml · nonDerivative · entry 6

Yorktown Energy Partners IX, L.P. · CIK 0001503466 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,119,279

F6 · price: 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.

F9 · balance_after: 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 Energy Partners IX, L.P.

SEC source: 0001140361-23-053553 · form4.xml · nonDerivative · entry 5

Yorktown Energy Partners IX, L.P. · CIK 0001503466 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,120,336

F5 · price: 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.

F9 · balance_after: 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 Energy Partners IX, L.P.

SEC source: 0001140361-23-053553 · form4.xml · nonDerivative · entry 4

Yorktown Energy Partners IX, L.P. · CIK 0001503466 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,493,323

F4 · price: 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

SEC source: 0001140361-23-053553 · form4.xml · nonDerivative · entry 3

Yorktown Energy Partners IX, L.P. · CIK 0001503466 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,537,660

F3 · price: 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

SEC source: 0001140361-23-053558 · form4.xml · nonDerivative · entry 2

Yorktown XI Associates LLC · CIK 0001687163 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 1,116,451

F1 · shares: 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 · price: 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.

F1 · balance_after: 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 · balance_after: 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, 1,117,425 shares of Class B Common Stock were issued to Yorktown Energy Partners XI, L.P. ("Yorktown XI").

F11 · ownership.nature: These securities are owned directly by Yorktown XI. The reporting person is the general partner of Yorktown XI Company LP, the general partner of Yorktown XI.

SEC source: 0001140361-23-053558 · form4.xml · nonDerivative · entry 1

Yorktown XI Associates LLC · CIK 0001687163 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 5,571,488

F1 · shares: 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 · price: 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).

F1 · balance_after: 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.

F11 · ownership.nature: These securities are owned directly by Yorktown XI. The reporting person is the general partner of Yorktown XI Company LP, the general partner of Yorktown XI.

SEC source: 0001140361-23-053557 · form4.xml · nonDerivative · entry 6

LEIDEL PETER A · CIK 0001225207 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 1,116,451

F1 · shares: The reporting person disclaims beneficial ownership of these securities except to the extent of his 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 · price: 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.

F1 · balance_after: The reporting person disclaims beneficial ownership of these securities except to the extent of his 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 · balance_after: 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 Energy Partners IX, L.P. ("Yorktown IX"); 738,576 shares of Class B Common Stock were issued to Yorktown Energy Partners X, L.P. ("Yorktown X"); 1,117,425 shares of Class B Common Stock were issued to Yorktown Energy Partners XI, L.P. ("Yorktown XI"); and 8,166 shares of Class B Common Stock were issued to the reporting person.

F13 · ownership.nature: These securities are owned directly by Yorktown XI. The reporting person is a member and manager of Yorktown XI Associates LLC, the general partner of Yorktown XI Company LP, the general partner of Yorktown XI.

SEC source: 0001140361-23-053557 · form4.xml · nonDerivative · entry 5

LEIDEL PETER A · CIK 0001225207 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 5,571,488

F1 · shares: The reporting person disclaims beneficial ownership of these securities except to the extent of his 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 · price: 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).

F1 · balance_after: The reporting person disclaims beneficial ownership of these securities except to the extent of his 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.

F13 · ownership.nature: These securities are owned directly by Yorktown XI. The reporting person is a member and manager of Yorktown XI Associates LLC, the general partner of Yorktown XI Company LP, the general partner of Yorktown XI.

SEC source: 0001140361-23-053557 · form4.xml · nonDerivative · entry 4

LEIDEL PETER A · CIK 0001225207 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 737,932

F1 · shares: The reporting person disclaims beneficial ownership of these securities except to the extent of his 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 · price: 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.

F1 · balance_after: The reporting person disclaims beneficial ownership of these securities except to the extent of his 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 · balance_after: 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 Energy Partners IX, L.P. ("Yorktown IX"); 738,576 shares of Class B Common Stock were issued to Yorktown Energy Partners X, L.P. ("Yorktown X"); 1,117,425 shares of Class B Common Stock were issued to Yorktown Energy Partners XI, L.P. ("Yorktown XI"); and 8,166 shares of Class B Common Stock were issued to the reporting person.

F12 · ownership.nature: These securities are owned directly by Yorktown X. The reporting person is a member and manager of Yorktown X Associates LLC, the general partner of Yorktown X Company LP, the general partner of Yorktown X.

SEC source: 0001140361-23-053557 · form4.xml · nonDerivative · entry 3

LEIDEL PETER A · CIK 0001225207 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 3,682,543

F1 · shares: The reporting person disclaims beneficial ownership of these securities except to the extent of his 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 · price: 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).

F1 · balance_after: The reporting person disclaims beneficial ownership of these securities except to the extent of his 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.

F12 · ownership.nature: These securities are owned directly by Yorktown X. The reporting person is a member and manager of Yorktown X Associates LLC, the general partner of Yorktown X Company LP, the general partner of Yorktown X.

SEC source: 0001140361-23-053557 · form4.xml · nonDerivative · entry 2

LEIDEL PETER A · CIK 0001225207 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 1,120,911

F1 · shares: The reporting person disclaims beneficial ownership of these securities except to the extent of his 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 · price: 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.

F1 · balance_after: The reporting person disclaims beneficial ownership of these securities except to the extent of his 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 · balance_after: 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 Energy Partners IX, L.P. ("Yorktown IX"); 738,576 shares of Class B Common Stock were issued to Yorktown Energy Partners X, L.P. ("Yorktown X"); 1,117,425 shares of Class B Common Stock were issued to Yorktown Energy Partners XI, L.P. ("Yorktown XI"); and 8,166 shares of Class B Common Stock were issued to the reporting person.

F11 · ownership.nature: These securities are owned directly by Yorktown IX. The reporting person is a member and manager of Yorktown IX Associates LLC, the general partner of Yorktown IX Company LP, the general partner of Yorktown IX.

SEC source: 0001140361-23-053557 · form4.xml · nonDerivative · entry 1

LEIDEL PETER A · CIK 0001225207 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 5,593,737

F1 · shares: The reporting person disclaims beneficial ownership of these securities except to the extent of his 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 · price: 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).

F1 · balance_after: The reporting person disclaims beneficial ownership of these securities except to the extent of his 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.

F11 · ownership.nature: These securities are owned directly by Yorktown IX. The reporting person is a member and manager of Yorktown IX Associates LLC, the general partner of Yorktown IX Company LP, the general partner of Yorktown IX.

SEC source: 0001140361-23-053556 · form4.xml · nonDerivative · entry 6

LAWRENCE BRYAN H · CIK 0001210010 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 1,116,451

F1 · shares: The reporting person disclaims beneficial ownership of these securities except to the extent of his 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 · price: 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.

F1 · balance_after: The reporting person disclaims beneficial ownership of these securities except to the extent of his 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 · balance_after: 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 Energy Partners IX, L.P. ("Yorktown IX"); 738,576 shares of Class B Common Stock were issued to Yorktown Energy Partners X, L.P. ("Yorktown X"); 1,117,425 shares of Class B Common Stock were issued to Yorktown Energy Partners XI, L.P. ("Yorktown XI"); and 23,907 shares of Class B Common Stock were issued to the reporting person.

F13 · ownership.nature: These securities are owned directly by Yorktown XI. The reporting person is a member and manager of Yorktown XI Associates LLC, the general partner of Yorktown XI Company LP, the general partner of Yorktown XI.

SEC source: 0001140361-23-053556 · form4.xml · nonDerivative · entry 5

LAWRENCE BRYAN H · CIK 0001210010 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 5,571,488

F1 · shares: The reporting person disclaims beneficial ownership of these securities except to the extent of his 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 · price: 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).

F1 · balance_after: The reporting person disclaims beneficial ownership of these securities except to the extent of his 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.

F13 · ownership.nature: These securities are owned directly by Yorktown XI. The reporting person is a member and manager of Yorktown XI Associates LLC, the general partner of Yorktown XI Company LP, the general partner of Yorktown XI.

SEC source: 0001140361-23-053556 · form4.xml · nonDerivative · entry 4

LAWRENCE BRYAN H · CIK 0001210010 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 737,932

F1 · shares: The reporting person disclaims beneficial ownership of these securities except to the extent of his 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 · price: 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.

F1 · balance_after: The reporting person disclaims beneficial ownership of these securities except to the extent of his 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 · balance_after: 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 Energy Partners IX, L.P. ("Yorktown IX"); 738,576 shares of Class B Common Stock were issued to Yorktown Energy Partners X, L.P. ("Yorktown X"); 1,117,425 shares of Class B Common Stock were issued to Yorktown Energy Partners XI, L.P. ("Yorktown XI"); and 23,907 shares of Class B Common Stock were issued to the reporting person.

F12 · ownership.nature: These securities are owned directly by Yorktown X. The reporting person is a member and manager of Yorktown X Associates LLC, the general partner of Yorktown X Company LP, the general partner of Yorktown X.

SEC source: 0001140361-23-053556 · form4.xml · nonDerivative · entry 3

LAWRENCE BRYAN H · CIK 0001210010 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 3,682,543

F1 · shares: The reporting person disclaims beneficial ownership of these securities except to the extent of his 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 · price: 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).

F1 · balance_after: The reporting person disclaims beneficial ownership of these securities except to the extent of his 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.

F12 · ownership.nature: These securities are owned directly by Yorktown X. The reporting person is a member and manager of Yorktown X Associates LLC, the general partner of Yorktown X Company LP, the general partner of Yorktown X.

SEC source: 0001140361-23-053556 · form4.xml · nonDerivative · entry 2

LAWRENCE BRYAN H · CIK 0001210010 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 1,120,911

F1 · shares: The reporting person disclaims beneficial ownership of these securities except to the extent of his 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 · price: 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.

F1 · balance_after: The reporting person disclaims beneficial ownership of these securities except to the extent of his 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 · balance_after: 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 Energy Partners IX, L.P. ("Yorktown IX"); 738,576 shares of Class B Common Stock were issued to Yorktown Energy Partners X, L.P. ("Yorktown X"); 1,117,425 shares of Class B Common Stock were issued to Yorktown Energy Partners XI, L.P. ("Yorktown XI"); and 23,907 shares of Class B Common Stock were issued to the reporting person.

F11 · ownership.nature: These securities are owned directly by Yorktown IX. The reporting person is a member and manager of Yorktown IX Associates LLC, the general partner of Yorktown IX Company LP, the general partner of Yorktown IX.

SEC source: 0001140361-23-053556 · form4.xml · nonDerivative · entry 1

LAWRENCE BRYAN H · CIK 0001210010 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 5,593,737

F1 · shares: The reporting person disclaims beneficial ownership of these securities except to the extent of his 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 · price: 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).

F1 · balance_after: The reporting person disclaims beneficial ownership of these securities except to the extent of his 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.

F11 · ownership.nature: These securities are owned directly by Yorktown IX. The reporting person is a member and manager of Yorktown IX Associates LLC, the general partner of Yorktown IX Company LP, the general partner of Yorktown IX.

SEC source: 0001140361-23-053555 · form4.xml · nonDerivative · entry 2

Yorktown IX Associates LLC · CIK 0001526187 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 1,120,911

F1 · shares: 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 · price: 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.

F1 · balance_after: 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 · balance_after: 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 · ownership.nature: 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.

SEC source: 0001140361-23-053555 · form4.xml · nonDerivative · entry 1

Yorktown IX Associates LLC · CIK 0001526187 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 5,593,737

F1 · shares: 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 · price: 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).

F1 · balance_after: 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.

F11 · ownership.nature: 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.

SEC source: 0001140361-23-053554 · form4.xml · nonDerivative · entry 2

Yorktown Energy Partners XI, L.P. · CIK 0001667954 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,116,451

F2 · price: 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.

F9 · balance_after: 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, 1,117,425 shares of Class B Common Stock were issued to Yorktown Energy Partners XI, L.P.

SEC source: 0001140361-23-053554 · form4.xml · nonDerivative · entry 1

Yorktown Energy Partners XI, L.P. · CIK 0001667954 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,571,488

F1 · price: 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 (1), (2) (3), (4), (5), (6), (7) and (8).

SEC source: 0001140361-23-053553 · form4.xml · nonDerivative · entry 2

Yorktown Energy Partners IX, L.P. · CIK 0001503466 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,120,911

F2 · price: 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.

F9 · balance_after: 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 Energy Partners IX, L.P.

SEC source: 0001140361-23-053553 · form4.xml · nonDerivative · entry 1

Yorktown Energy Partners IX, L.P. · CIK 0001503466 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,593,737

F1 · price: 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 (1), (2), (3), (4), (5), (6), (7) and (8).

SEC source: 0001415889-23-015089 · form4-11142023_091119.xml · nonDerivative · entry 4

WHITING RICHARD M · CIK 0001213884 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 115,483

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $16.67 to $16.91, inclusive.

F4 · price: The reporting person undertakes to provide Ramaco Resources, Inc., any security holder of Ramaco Resources, Inc., 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 Footnote (3).

SEC source: 0001415889-23-010822 · form4-07052023_090735.xml · nonDerivative · entry 5

Fannin Jason Todd · CIK 0001809710 · CHIEF COMMERCIAL OFFICER

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 24,558

F4 · acquired: Shares sold upon vesting to satisfy tax obligations. The number of shares withheld was based on the closing price of the Issuer's Class B common stock on June 30, 2023. Such shares were acquired as treasury stock by the issuer

SEC source: 0001415889-23-010822 · form4-07052023_090735.xml · nonDerivative · entry 4

Fannin Jason Todd · CIK 0001809710 · CHIEF COMMERCIAL OFFICER

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 122,116

F3 · acquired: Shares sold upon vesting to satisfy tax obligations. The number of shares withheld was based on the closing price of the Issuer's Class A common stock on June 30, 2023. Such shares were acquired as treasury stock by the issuer.

SEC source: 0001415889-23-010827 · form4-07052023_090713.xml · nonDerivative · entry 5

Blanchard Christopher L · CIK 0001727281 · CHIEF OPERATING OFFICER

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 87,149

F4 · kind: Shares sold upon vesting to satisfy tax obligations. The number of shares withheld was based on the closing price of the Issuer's Class B common stock on June 30, 2023. Such shares were acquired as treasury stock by the issuer.

SEC source: 0001415889-23-010827 · form4-07052023_090713.xml · nonDerivative · entry 4

Blanchard Christopher L · CIK 0001727281 · CHIEF OPERATING OFFICER

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 432,862

F3 · kind: Shares sold upon vesting to satisfy tax obligations. The number of shares withheld was based on the closing price of the Issuer's Class A common stock on June 30, 2023. Such shares were acquired as treasury stock by the issuer.

SEC source: 0001415889-23-010833 · form4-07052023_100705.xml · nonDerivative · entry 11

Atkins Randall Whittaker · CIK 0001693822 · Director · CHIEF EXECUTIVE OFFICER

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 113,190

F5 · kind: Shares sold upon vesting to satisfy tax obligations. The number of shares withheld was based on the closing price of the Issuer's Class B common stock on June 30, 2023. Such shares were acquired as treasury stock by the issuer.

SEC source: 0001415889-23-010833 · form4-07052023_100705.xml · nonDerivative · entry 7

Atkins Randall Whittaker · CIK 0001693822 · Director · CHIEF EXECUTIVE OFFICER

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 559,881

F3 · kind: Shares sold upon vesting to satisfy tax obligations. The number of shares withheld was based on the closing price of the Issuer's Class A common stock on June 30, 2023. Such shares were acquired as treasury stock by the issuer.

SEC source: 0001415889-23-010818 · form4-07052023_090727.xml · nonDerivative · entry 5

Sussman Jeremy R. · CIK 0001782102 · CHIEF FINANCIAL OFFICER

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 73,396

F4 · kind: Shares sold upon vesting to satisfy tax obligations. The number of shares withheld was based on the closing price of the Issuer's Class B common stock on June 30, 2023. Such shares were acquired as treasury stock by the issuer.

SEC source: 0001415889-23-010818 · form4-07052023_090727.xml · nonDerivative · entry 4

Sussman Jeremy R. · CIK 0001782102 · CHIEF FINANCIAL OFFICER

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 364,138

F3 · kind: Shares sold upon vesting to satisfy tax obligations. The number of shares withheld was based on the closing price of the Issuer's Class A common stock on June 30, 2023. Such shares were acquired as treasury stock by the issuer.

SEC source: 0001415889-23-010814 · form4-07052023_090719.xml · nonDerivative · entry 5

Sturgill Barkley Jennings · CIK 0001823469 · GENERAL COUNSEL

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 29,455

F5 · acquired: Shares sold upon vesting to satisfy tax obligations. The number of shares withheld was based on the closing price of the Issuer's Class B common stock on June 30, 2023. Such shares were acquired as treasury stock by the issuer.

SEC source: 0001415889-23-010814 · form4-07052023_090719.xml · nonDerivative · entry 4

Sturgill Barkley Jennings · CIK 0001823469 · GENERAL COUNSEL

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 146,003

F4 · acquired: Shares sold upon vesting to satisfy tax obligations. The number of shares withheld was based on the closing price of the Issuer's Class A common stock on June 30, 2023. Such shares were acquired as treasury stock by the issuer.

SEC source: 0001415889-23-010816 · form4-07052023_090703.xml · nonDerivative · entry 5

Marcum John Cecil · CIK 0001785124 · CHIEF ACCOUNTING OFFICER

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 25,841

F4 · kind: Shares sold upon vesting to satisfy tax obligations. The number of shares withheld was based on the closing price of the Issuer's Class B common stock on June 30, 2023. Such shares were acquired as treasury stock by the issuer.

SEC source: 0001415889-23-010816 · form4-07052023_090703.xml · nonDerivative · entry 4

Marcum John Cecil · CIK 0001785124 · CHIEF ACCOUNTING OFFICER

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 128,658

F3 · kind: Shares sold upon vesting to satisfy tax obligations. The number of shares withheld was based on the closing price of the Issuer's Class A common stock on June 30, 2023. Such shares were acquired as treasury stock by the issuer.

SEC source: 0001415889-23-010822 · form4-07052023_090735.xml · derivative · entry 17

Fannin Jason Todd · CIK 0001809710 · CHIEF COMMERCIAL OFFICER

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 20,325

Underlying: Class B common stock · 12,918 shares

Expires 2025-12-31

F2 · derivative.exercise_price: 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.

F11 · derivative.exercise_price: 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.

F2 · kind: 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.

F11 · kind: 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.

F2 · price: 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.

F11 · price: 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.

F10 · derivative.exercise_date: The PSUs vest upon the Company's Class A common stock achieving a specific total shareholder return for a measurement period.

F10 · derivative.expiration_date: The PSUs vest upon the Company's Class A common stock achieving a specific total shareholder return for a measurement period.

SEC source: 0001415889-23-010822 · form4-07052023_090735.xml · derivative · entry 16

Fannin Jason Todd · CIK 0001809710 · CHIEF COMMERCIAL OFFICER

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,407

Underlying: Class B common stock · 7,407 shares

Expires 2024-12-31

F2 · derivative.exercise_price: 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.

F11 · derivative.exercise_price: 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.

F2 · kind: 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.

F11 · kind: 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.

F2 · price: 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.

F11 · price: 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.

F10 · derivative.exercise_date: The PSUs vest upon the Company's Class A common stock achieving a specific total shareholder return for a measurement period.

F10 · derivative.expiration_date: The PSUs vest upon the Company's Class A common stock achieving a specific total shareholder return for a measurement period.

SEC source: 0001415889-23-010822 · form4-07052023_090735.xml · derivative · entry 15

Fannin Jason Todd · CIK 0001809710 · CHIEF COMMERCIAL OFFICER

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 101,630

Underlying: Class A common stock · 64,593 shares

Expires 2025-12-31

F1 · derivative.exercise_price: 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.

F9 · derivative.exercise_price: 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.

F1 · kind: 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.

F9 · kind: 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.

F1 · price: 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.

F9 · price: 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.

F10 · derivative.exercise_date: The PSUs vest upon the Company's Class A common stock achieving a specific total shareholder return for a measurement period.

F10 · derivative.expiration_date: The PSUs vest upon the Company's Class A common stock achieving a specific total shareholder return for a measurement period.

SEC source: 0001415889-23-010822 · form4-07052023_090735.xml · derivative · entry 14

Fannin Jason Todd · CIK 0001809710 · CHIEF COMMERCIAL OFFICER

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 37,037

Underlying: Class A common stock · 37,037 shares

Expires 2024-12-31

F1 · derivative.exercise_price: 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.

F9 · derivative.exercise_price: 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.

F1 · kind: 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.

F9 · kind: 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.

F1 · price: 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.

F9 · price: 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.

F10 · derivative.exercise_date: The PSUs vest upon the Company's Class A common stock achieving a specific total shareholder return for a measurement period.

F10 · derivative.expiration_date: The PSUs vest upon the Company's Class A common stock achieving a specific total shareholder return for a measurement period.

SEC source: 0001415889-23-010822 · form4-07052023_090735.xml · derivative · entry 13

Fannin Jason Todd · CIK 0001809710 · CHIEF COMMERCIAL OFFICER

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 64,593 shares

Expires 2025-12-31

F1 · derivative.exercise_price: 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.

F9 · derivative.exercise_price: 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.

F1 · kind: 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.

F9 · kind: 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.

F1 · price: 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.

F9 · price: 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.

F10 · derivative.exercise_date: The PSUs vest upon the Company's Class A common stock achieving a specific total shareholder return for a measurement period.