Ramaco Resources Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
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| Item 5.07 | Submission of Matters to a Vote of Security Holders |
On June 26, 2024, Ramaco Resources, Inc. (the “Company”) held its Annual Meeting of Shareholders (the "Annual Meeting"). As of April 29, 2024, the record date for the Annual Meeting (the “Record Date”), there was a total of 53,089,357 shares of Company common stock (consisting of 44,263,429 shares of Class A common stock and 8,825,928 shares of Class B common stock) issued and outstanding and entitled to vote on the three proposals presented at the Annual Meeting. Stockholders holding 40,052,907 shares of Company common stock, representing approximately 75.44% of the shares of common stock outstanding on Record Date, were present in person or represented by proxy, which constituted a quorum. The proposals are described in greater detail in the Definitive Proxy Statement of the Company filed with the Securities and Exchange Commission on April 29, 2024, the relevant portions of which are incorporated herein by reference.
Set forth below are the final voting results for each of the proposals submitted to a vote of the Company's stockholders at the Annual Meeting.
| 1) | Stockholders were asked to vote upon the election of directors. The final vote totals are below. |
| Name | Votes For | Votes Withheld | Broker Non-Votes | |||||||||
| Peter Leidel | 35,746,062 | 4,306,845 | 0 | |||||||||
| C. Lynch Christian, III | 28,623,570 | 11,429,337 | 0 | |||||||||
| Aurelia Skipwith Giacometto | 38,708,226 | 1,344,681 | 0 | |||||||||
Each director nominee was elected.
| 2) | Stockholders were asked to vote to approve, on an advisory basis, the compensation paid by the Company to its named executive officers. The final vote totals are below. |
| Votes For | Votes Against | Abstentions | Broker Non-Votes | |||||||||||
| 38,321,074 | 646,272 | 1,085,561 | 0 | |||||||||||
The proposal was approved.
| 3) | Stockholders were asked to vote upon, on an advisory basis, a shareholder proposal regarding simple majority voting. The final vote totals are below. |
| Votes For | Votes Against | Abstentions | Broker Non-Votes | |||||||||||
| 14,957,027 | 24,150,151 | 945,729 | 0 | |||||||||||
The proposal was not approved.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| RAMACO RESOURCES, INC. | ||
| Date: June 28, 2024 | By: | /s/ Randall W. Atkins |
| Randall W. Atkins | ||
| Chairman, Chief Executive Officer | ||