0000899243-17-003511.txt : 20170210
0000899243-17-003511.hdr.sgml : 20170210
20170210164403
ACCESSION NUMBER: 0000899243-17-003511
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170208
FILED AS OF DATE: 20170210
DATE AS OF CHANGE: 20170210
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Ramaco Resources, Inc.
CENTRAL INDEX KEY: 0001687187
STANDARD INDUSTRIAL CLASSIFICATION: BITUMINOUS COAL & LIGNITE MINING [1220]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 250 WEST MAIN STREET
STREET 2: SUITE 210
CITY: LEXINGTON
STATE: KY
ZIP: 40507
BUSINESS PHONE: (859) 244-7455
MAIL ADDRESS:
STREET 1: 250 WEST MAIN STREET
STREET 2: SUITE 210
CITY: LEXINGTON
STATE: KY
ZIP: 40507
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Atkins Randall Whittaker
CENTRAL INDEX KEY: 0001693822
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38003
FILM NUMBER: 17594145
MAIL ADDRESS:
STREET 1: 250 WEST MAIN STREET
STREET 2: SUITE 210
CITY: LEXINGTON
STATE: KY
ZIP: 40507
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2017-02-08
0
0001687187
Ramaco Resources, Inc.
METC
0001693822
Atkins Randall Whittaker
250 WEST MAIN STREET, SUITE 210
LEXINGTON
KY
40507
1
1
0
0
Director, Executive Chairman
Common Stock
2017-02-08
4
A
0
1874847
0.00
A
1874847
D
Common Stock
2017-02-08
4
S
0
185000
13.50
D
1689847
D
Employee Stock Option (right to buy)
5.34
2017-02-08
4
A
0
468712
0.00
A
2017-02-08
2026-08-31
Common Stock
468712
468712
D
Immediately prior to the closing of Ramaco Resources, Inc.'s (the "Issuer") initial public offering, and pursuant to the Master Reorganization Agreement dated as of February 1, 2017 by and among Ramaco Development, LLC ("Ramaco Development"), the Issuer, Ramaco Merger Sub, LLC, a wholly owned subisiary of the Issuer ("Merger Sub"), and the other parties thereto, (i) the preferred units in Ramaco Development were converted into common units ("Units"),
(Continued from footnote (1)) (ii) Ramaco Development merged into Merger Sub, and certain existing owners received, as consideration in the merger, shares of the Issuer's common stock, with such shares of common stock allocated among the existing owners pro rata based on their relative ownership of Units, and (iii) the outstanding and unexercised options granted pursuant to the Ramaco Development's 2016 Membership Unit Option Plan were converted into options to purchase shares of the Issuer's common stock under the Issuer's long-term incentive plan.
As a result of the transactions described in footnotes (1) and (2), Ramaco Development became a wholly owned subsidiary of the Issuer. Pursuant to the transactions described in footnotes (1) and (2), Mr. Atkins received 1,874,847 shares of the Issuer's common stock as consideration based on his relative ownership of Units.
Mr. Atkins sold 185,000 shares of the Issuer's common stock as a selling shareholder in the initial public offering, pursuant to a registration statement on Form S-1, as amended, initially filed by the Issuer on December 29, 2016.
This amount represents the offering price per share of the Issuer's common stock to the public and does not reflect the underwriting discounts and commission of $0.945 per share.
As a result of the transactions described in footnotes (1) and (2), Mr. Atkins received 468,712 vested stock options granted under the Ramaco Resources, Inc. Long-Term Incentive Plan to purchase shares of the Issuer's common stock in exchange for his outstanding and unexercised vested unit options to purchase units of Ramaco Development, which were originally granted under the Ramaco Development 2016 Membership Unit Option Plan.
/s/ Randall W. Atkins
2017-02-10