Pat Obara - Aug 22, 2022 Form 4 Insider Report for URANIUM ENERGY CORP (UEC)

Signature
/s/ Patrick Obara
Stock symbol
UEC
Transactions as of
Aug 22, 2022
Transactions value $
-$48,151
Form type
4
Date filed
8/24/2022, 05:19 PM
Previous filing
Aug 2, 2022
Next filing
Jul 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UEC COMMON STOCK Options Exercise $102K +80K +12.76% $1.28 707K Aug 22, 2022 Direct F1
transaction UEC COMMON STOCK Tax liability -$151K -42.6K -6.03% $3.53 664K Aug 22, 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 -80K -15.84% 425K Aug 22, 2022 Common Stock 80K $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 42,649 shares at a fair market value of $3.53 per share being equal to the exercise price, such that the Reporting Person was issued 37,351 shares.
F2 Granted pursuant to and in accordance with the Company's stock incentive plan.