SEC Form 4 · accession 0001247524-19-000020
WARRIOR MET COAL, INC. · HCC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jack K. Richardson
Officer — Chief Operating Officer
Period of report
Feb 8, 2019
Accepted (ET)
Feb 12, 2019 · 5:35 pm 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 StockF1,F2 | Feb 8, 2019 | A | 3,191 | $0.00 | A | 39,818 | D | |
| Common StockF2 | Feb 8, 2019 | F | 1,100 | $27.08 | D | 38,718 | 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 UnitsF6 | — | Feb 8, 2019 | A | 9,140 | A | — | — | Common Stock | 9,140 | 9,140 | D |
| Restricted Stock UnitsF4 | — | holding | — | — | — | — | — | Common Stock | 8,173 | 8,173 | D |
| Restricted Stock UnitsF5 | — | holding | — | — | — | — | — | Common Stock | 3,470 | 3,470 | D |
Explanation of responses
- F1Represents the issuance of shares of common stock of the issuer pursuant to the performance-based restricted stock units granted to the reporting person on March 5, 2018 based on the issuer's performance during the performance period from January 1, 2018 through December 31, 2018. This transaction is exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-3(d) thereunder.
- F2Includes 23,535 shares of restricted stock granted to the reporting person on April 20, 2016 under the Warrior Met Coal, Inc. 2016 Equity Incentive Plan, which vest in equal installments on April 20, 2019, April 20, 2020 and April 20, 2021.
- F3Represents the withholding of shares for tax purposes.
- F4The restricted stock units were granted to the reporting person under the Warrior Met Coal, Inc. 2017 Equity Incentive Plan and were 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.
- 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 March 5, 2018, the date of grant.
- F6The 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 February 8, 2019, the date of grant.