W. William Boberg - Nov 5, 2021 Form 4 Insider Report for UR-ENERGY INC (URG)

Role: Director
Signature: /s/ Roger L. Smith Roger L. Smith pursuant to Power of Attorney
Stock symbol: URG
Transactions as of: Nov 5, 2021
Transactions value $: $88,416
Form type: 4
Date filed: 11/9/2021, 04:24 PM
Previous filing: Aug 31, 2021
Next filing: Nov 16, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	URG	Common Shares	Options Exercise	$91.7K	+48.4K	+5.98%	$1.90	857K	Nov 5, 2021	Direct	F1, F2
transaction	URG	Common Shares	Options Exercise	$75K	+128K	+14.94%	$0.59	985K	Nov 5, 2021	Direct	F5
transaction	URG	Common Shares	Sale	-$78.4K	-42.2K	-4.29%	$1.85	943K	Nov 5, 2021	Direct	F6

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	Restricted share units (exchange for common stock)	Options Exercise	$0	-48.4K	-39.08%	$0.00	75.4K	Nov 5, 2021	Common Shares	48.4K		Direct	F3, F4
transaction	URG	Common share options (right to buy)	Options Exercise	$0	-128K	-15.07%	$0.00	722K	Nov 5, 2021	Common shares	128K	$0.59	Direct	F5, F7

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

Explanation of Responses:

Id	Content
F1	On November 5, 2019, the reporting person was granted 48,394 Restricted Share Units ("RSUs"). On redemption, the reporting person received 48,394 common shares.
F2	The common shares were priced at $2.36 Canadian dollars and $1.8953 U.S. dollars is the equivalent of the purchase price pursuant to the exchange rate as of the transaction date (Cdn$ 1.00 = US$0.8031) as reported by Bank of Canada on its website, www.bankofcanada.ca.
F3	Each RSU is redeemable upon vesting for one common share.
F4	The RSUs became redeemable on November 5, 2021.
F5	The options were exercised, and the shares were acquired, at $0.73 Canadian dollars; $0.5863 U.S. dollars is the equivalent of the exercise price pursuant to the exchange rate realized as of the transaction date (Cdn$1.00 = US$0.8031).
F6	The shares were sold at $2.3093 Canadian dollars; $1.8546 U.S. dollars is the equivalent of the sales price pursuant to the exchange rate realized as of the transaction date (Cdn$1.00 = US$0.8031).
F7	The options granted on 12/16/2016 vested and became exercisable as follows: 12,800 on 12/16/2016; 28,160 on 5/2/2017; 28,160 on 9/16/2017; 28,160 on 1/31/2018; and 30,720 on 6/16/2018.