SEC Form 4 · accession 0001127602-18-019988
WARRIOR MET COAL, INC. · HCC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen D. Williams
Director
Period of report
Jun 1, 2018
Accepted (ET)
Jun 5, 2018 · 3:26 pm EDT
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 StockF1,F2 | Jun 1, 2018 | M | 2,017 | $0.00 | A | 41,387 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3 | — | Jun 1, 2018 | M | 2,017 | D | — | — | Common Stock | 2,017 | 4,036 | D |
| Restricted Stock UnitsF4 | — | holding | — | — | — | — | — | Common Stock | 13,157 | 13,157 | D |
| Restricted Stock UnitsF5 | — | holding | — | — | — | — | — | Common Stock | 6,302 | 6,302 | D |
| Phantom SharesF6 | — | holding | — | — | — | — | — | Common Stock | 43,580 | 43,580 | D |
Explanation of responses
- F1Represents the settlement of restricted stock units, which settle into shares of common stock of Warrior Met Coal, Inc. on a one-for-one basis.
- F2Includes (i) 8,716 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 April 1, 2019, April 1, 2020 and April 1, 2021, and (ii) 3,876 shares of restricted stock granted to the reporting person on February 24, 2017 under the 2016 Plan, which vest in equal installments on February 24, 2019, February 24, 2020, February 24, 2021 and February 24, 2022.
- F3The restricted stock units were granted under the Warrior Met Coal, Inc. 2017 Equity Incentive Plan and will be fully vested as of June 1, 2017, the date of grant. The units will settle in shares of common stock of Warrior Met Coal, Inc. on a one-for-one basis on the earliest of (i) one-third on each of the first three anniversaries of the date of grant; (ii) a change of control; (iii) the undersigned's separation from service with Warrior Met Coal, Inc. or its affiliates; or (iv) death of the undersigned.
- F4The restricted stock units were granted under the Warrior Met Coal, Inc. 2017 Equity Incentive Plan and vested as of April 19, 2017, the date of grant. The units will settle in shares of common stock of Warrior Met Coal, Inc. on a one-for-one basis in a single installment on the earlier to occur of (i) a change of control or (ii) the fifth anniversary of the date of grant.
- F5The restricted stock units were granted to the reporting person under the Warrior Met Coal, Inc. 2017 Equity Incentive Plan, and vest in equal installments on each of the first three anniversaries of April 23, 2018, the date of grant.
- F6The phantom shares were granted under the Warrior Met Coal, LLC 2016 Equity Incentive Plan (the "2016 Plan") and vested as of April 1, 2016, the date of grant. The shares will settle in shares of common stock of Warrior Met Coal, Inc. on a one-for-one basis in a single installment on the earlier to occur of (i) a change of control or (ii) the fifth anniversary of the date of grant.