John Cash - 04 Jan 2023 Form 4 Insider Report for UR-ENERGY INC (URG)

Role
Board Chairman, President and Chief Executive Officer, Director
Signature
/s/ Roger L. Smith Roger L. Smith pursuant to Power of Attorney
Issuer symbol
URG
Transactions as of
04 Jan 2023
Net transactions value
$0
Form type
4
Filing time
06 Jan 2023, 16:06:24 UTC
Previous filing
14 Dec 2022
Next filing
18 Aug 2023
SEC
View on sec.gov

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 +178,989 +25% $0.000000 907,443 04 Jan 2023 Common shares 178,989 $1.15 Direct F1, F2
transaction URG Restricted share units (exchange for common shares) Award $0 +44,748 +230% $0.000000 64,184 04 Jan 2023 Common shares 44,748 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: 59,663 on 01/04/24; 59,663 on 01/04/25; and 59,663 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.

Remarks:

Board Chairman, President and Chief Executive Officer