Klenda Jeffrey T. - 27 Aug 2021 Form 4 Insider Report for UR-ENERGY INC (URG)

Signature
/s/ Roger L. Smith Roger L. Smith pursuant to Power of Attorney
Issuer symbol
URG
Transactions as of
27 Aug 2021
Net transactions value
$0
Form type
4
Filing time
31 Aug 2021, 17:07:04 UTC
Previous filing
24 Jun 2021
Next filing
09 Nov 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 +189,285 +14% $0.000000 1,521,483 27 Aug 2021 Common shares 189,285 $1.14 Direct F1, F2
transaction URG Restricted share units (exchange for common stock) Award $0 +47,320 +22% $0.000000 266,798 27 Aug 2021 Common shares 47,320 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: 63,095 on 08/27/2022; 63,095 on 08/27/2023; and 63,095 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.