ex24-02022024_010230.htm

0001415889-24-002242.txt : 20240202 0001415889-24-002242.hdr.sgml : 20240202 20240202081335 ACCESSION NUMBER: 0001415889-24-002242 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240131 FILED AS OF DATE: 20240202 DATE AS OF CHANGE: 20240202 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Blanchard Christopher L CENTRAL INDEX KEY: 0001727281 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38003 FILM NUMBER: 24588869 MAIL ADDRESS: STREET 1: 250 WEST MAIN STREET STREET 2: SUITE 1800 CITY: LEXINGTON STATE: KY ZIP: 40507 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Ramaco Resources, Inc. CENTRAL INDEX KEY: 0001687187 STANDARD INDUSTRIAL CLASSIFICATION: BITUMINOUS COAL & LIGNITE MINING [1220] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 250 WEST MAIN STREET STREET 2: SUITE 1800 CITY: LEXINGTON STATE: KY ZIP: 40507 BUSINESS PHONE: (859) 244-7455 MAIL ADDRESS: STREET 1: 250 WEST MAIN STREET STREET 2: SUITE 1800 CITY: LEXINGTON STATE: KY ZIP: 40507 4 1 form4-02022024_010230.xml X0508 4 2024-01-31 0001687187 Ramaco Resources, Inc. METC 0001727281 Blanchard Christopher L 250 WEST MAIN STREET SUITE 1900 LEXINGTON KY 40507 false true false false CHIEF OPERATING OFFICER 0 Class A common stock 2024-01-31 4 M 0 21877 0 A 462763 D Class A common stock 2024-01-31 4 F 0 8094 19.11 D 454669 D Class B common stock 2024-01-31 4 M 0 4375 0 A 93129 D Class B common stock 2024-01-31 4 F 0 1619 12.82 D 91510 D Restricted Stock Units 0 2024-01-31 4 M 0 21877 0 D Class A common stock 21877 58198 D Restricted Stock Units 0 2024-01-31 4 M 0 4375 0 D Class B common stock 4375 11639 D The first installment of restricted stock units granted on February 20, 2023 under the Company's Long Term Incentive Plan vested of January 31, 2024. 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. 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 by the Issuer. Each restricted stock unit represents a contingent right to receive one share of Class A common stock. This consists of 14,444 restricted stock units remaining from the Company's February 16, 2022 grant and 43,754 restricted stock units remaining from the Company's February 20, 2023 grant. Each restricted stock unit represents a contingent right to receive one share of Class B common stock. This consists of 2,888 restricted stock units remaining from the Company's February 16, 2022 grant and 8,751 restricted stock units remaining from the Company's February 20, 2023 grant. /s/ Tyler Adkins, Attorney-in-Fact 2024-02-02 EX-24 2 ex24-02022024_010230.htm ex24-02022024_010230.htm

EXHIBIT 24

POWER OF ATTORNEY

With respect to holdings of and transactions in securities issued by Ramaco Resources, Inc. (the “Company”), the undersigned hereby constitutes and appoints the individuals named on Schedule A attached hereto and as may be amended from time to time, or any of them signing singly, with full power of substitution and resubstitution, to act as the undersigned’s true and lawful attorney-in-fact to:


	1.	prepare, execute in the undersigned’s name and on the undersigned’s behalf, and submit to the United States Securities and Exchange Commission (the “SEC”) a Form ID, including amendments thereto, and any other documents necessary or appropriate to obtain and/or regenerate codes and passwords enabling the undersigned to make electronic filings with the SEC of reports required by Section 16(a) of the Securities Exchange Act of 1934, as amended, or any rule or regulation of the SEC;


	2.	execute for and on behalf of the undersigned, Forms 3, 4, and 5 in accordance with Section 16 of the Securities Exchange Act of 1934, as amended, and the rules thereunder;


	3.	do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4, or 5, complete and execute any amendment or amendments thereto, and timely file such form with the SEC and any stock exchange or similar authority; and


	4.	take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-facts discretion.

The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution and resubstitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorneys-in-fact substitute or substitutes, shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein granted.

The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is any Company assuming, any of the undersigned’s responsibilities to comply with Section 16 of the Securities Exchange Act of 1934, as amended.

This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4, and 5 with respect to the undersigned’s holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 24th day of January 2024.


	By:	/s/ Christopher L. Blanchard
	Name:	Christopher L. Blanchard

Schedule A

Individuals Appointed as Attorney-in-Fact with Full Power of Substitution and Resubstitution


	1.	Jeremy R. Sussman


	2.	Tyler Adkins