SEC Form 4 · accession 0001127602-18-009853
WARRIOR MET COAL, INC. · HCC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Walter J Scheller
Officer — Chief Executive Officer · Director
Period of report
Mar 1, 2018
Accepted (ET)
Mar 5, 2018 · 11:49 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001691303
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F3 | Mar 1, 2018 | S | 50,000 | $30.98 | D | 124,971 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 21, 2017, which plan became effective January 8, 2018.
- F2This price represents the weighted average sale price (rounded to the nearest cent) for multiple transactions reported on this line. The prices of the transactions reported on this line ranged from $30.57 to $31.94. Upon request by the Commission staff, the issuer or a security holder of the issuer, the reporting person will undertake to provide full information regarding the number of shares sold at each separate price.
- F3Includes 78,445 shares of restricted stock granted to the reporting person on April 1, 2016 under the Warrior Met Coal, Inc. 2016 Equity Incentive Plan (the "2016 Plan"), which vest in equal installments on each of the first five (5) anniversaries of the date of grant, contingent upon at least half of the units (as converted into shares) originally acquired by the "Investors" (as defined in the 2016 Plan) having been disposed of to one or more independent third parties.