Roger L. Smith - 04 Jan 2023 Form 4 Insider Report for UR-ENERGY INC (URG)

Signature
/s/ Roger L. Smith
Issuer symbol
URG
Transactions as of
04 Jan 2023
Net transactions value
$0
Form type
4
Filing time
06 Jan 2023, 16:05:49 UTC
Previous filing
15 Dec 2022
Next filing
21 Aug 2023

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 +116,730 +16% $0.000000 853,745 04 Jan 2023 Common shares 116,730 $1.15 Direct F1, F2
transaction URG Restricted share units (exchange for common shares) Award $0 +29,182 +113% $0.000000 55,066 04 Jan 2023 Common shares 29,182 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 $1.55 Canadian dollars; $1.1475 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$0.7403) www.bankofcanada.ca.
F2 The options will vest and become exercisable as follows: 38,910 on 01/04/24; 38,910 on 01/04/25; and 38,910 on 01/04/26
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 01/04/2025 per the terms of the plan.