Yorktown-linked director updates Ramaco (METC) direct and indirect holdings
Rhea-AI Filing Summary
Ramaco Resources director Lawrence Bryan reported entity-level changes in his indirect holdings of Class A Common Stock in connection with pro rata distributions from several Yorktown investment funds. The filing shows restructuring-type transactions with no stated purchase or sale price and no open-market trades.
One transaction reclassified 17,043 shares of Class A Common Stock into Bryan’s direct ownership, bringing his directly held shares to 151,920. Another transaction involved 1,000,000 shares held indirectly, after which one indirect position stood at 1,437,247 shares. Additional indirect holdings total 2,979,968 and 1,969,646 shares in separate entities.
The securities involved are owned directly by Yorktown Energy Partners IX, X and XI, L.P., with Bryan serving as a member and manager of their associated general partners. The filing notes that Bryan disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock, par value $0.01 per share | 1,000,000 | $0.00 | -- |
| Other | Class A Common Stock, par value $0.01 per share | 17,043 | $0.00 | -- |
| holding | Class A Common Stock, par value $0.01 per share | -- | -- | -- |
| holding | Class A Common Stock, par value $0.01 per share | -- | -- | -- |
Footnotes (1)
- Pro rata distributions from Yorktown Energy Partners IX, L.P., Yorktown IX Company LP and Yorktown IX Associates LLC. 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. These securities are owned directly by Yorktown Energy Partners IX, L.P. ("Yorktown IX"). The reporting person is a member and a manager of Yorktown IX Associates LLC, the general partner of Yorktown IX Company LP, the general partner of Yorktown IX. These securities are owned directly by Yorktown Energy Partners X, L.P. ("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. These securities are owned directly by Yorktown Energy Partners XI, L.P. ("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.