David C. Frydenlund - Mar 31, 2023 Form 4 Insider Report for ENERGY FUELS INC (UUUU)

Role: Executive VP, CLO and, Corporate Secretary
Signature: David C. Frydenlund
Stock symbol: UUUU
Transactions as of: Mar 31, 2023
Transactions value $: $0
Form type: 4
Date filed: 4/4/2023, 01:20 PM
Previous filing: Jan 30, 2023
Next filing: May 15, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	UUUU	Stock Appreciation Rights ("SARs")	Award	$0	+54.9K	+9.63%	$0.00	626K	Mar 31, 2023	Common Shares	54.9K	$7.36	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Remarks:

1. Reflects grant having an Effective Date of Grant of March 31, 2023, which vests as follows: 1/3 automatically upon 90-calendar-day VWAP of Issuer common shares on NYSE American equaling/exceeding US$12.00, US$14.00 and US$16.00, each for any 90-calendar-day period. 2. Notwithstanding any vesting of any SARs, no SARs may be exercised until January 26, 2024.