John Cash - Aug 27, 2021 Form 4 Insider Report for UR-ENERGY INC (URG)

Role
VP Regulatory Affairs
Signature
/s/ Roger L. Smith Roger L. Smith pursuant to Power of Attorney
Stock symbol
URG
Transactions as of
Aug 27, 2021
Transactions value $
$0
Form type
4
Date filed
8/31/2021, 05:06 PM
Next filing
Nov 9, 2021

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 URG Common share options (right to buy) Award $0 +77.8K +12.87% $0.00 682K Aug 27, 2021 Common Shares 77.8K $1.14 Direct F1, F2
transaction URG Restricted share units (exchange for common stock) Award $0 +19.4K +21.56% $0.00 110K Aug 27, 2021 Common Shares 19.4K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options were priced at $1.44 Canadian dollars; $1.1398 U.S. dollars is the equivalent of the exercise price pursuant to the exchange rate realized as of the transaction date.
F2 The options will vest and become exercisable as follows: 25,917 on 08/27/2022; 25,917 on 08/27/2023; and 25,917 on 08/27/2024.
F3 Each unit is redeemable upon vesting for one common share.
F4 Each unit will be redeemed for one common share on or within 30 days of 08/27/23 per the terms of the plan.