Amir Adnani - 22 Aug 2022 Form 4 Insider Report for URANIUM ENERGY CORP (UEC)

Signature
/s/ Amir Adnani
Issuer symbol
UEC
Transactions as of
22 Aug 2022
Net transactions value
-$99,309
Form type
4
Filing time
24 Aug 2022, 17:17:18 UTC
Previous filing
02 Aug 2022
Next filing
24 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UEC COMMON STOCK Options Exercise $211,200 +165,000 +4.7% $1.28 3,643,064 22 Aug 2022 Direct F1
transaction UEC COMMON STOCK Tax liability $310,509 -87,963 -2.4% $3.53 3,555,101 22 Aug 2022 Direct

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 UEC Options Options Exercise -165,000 -13% 1,100,000 22 Aug 2022 Common Stock 165,000 $1.28 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person exercised options previously granted to him under the Company stock incentive plan, electing to pay the exercise price and tax withholding pursuant to the deemed net-stock exercise provision of such plan. As such, the Issuer withheld 87,963 shares at a fair market value of $3.53 per share being equal to the exercise price, such that the Reporting Person was issued 77,037 shares.
F2 Granted pursuant to and in accordance with the Company's stock incentive plan.