John Cash - Jan 4, 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
Stock symbol
URG
Transactions as of
Jan 4, 2023
Transactions value $
$0
Form type
4
Date filed
1/6/2023, 04:06 PM
Previous filing
Dec 14, 2022
Next filing
Aug 18, 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 +179K +24.57% $0.00 907K Jan 4, 2023 Common shares 179K $1.15 Direct F1, F2
transaction URG Restricted share units (exchange for common shares) Award $0 +44.7K +230.23% $0.00 64.2K Jan 4, 2023 Common shares 44.7K 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