Robby Chang - Jan 27, 2023 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: Jan 27, 2023
Transactions value $: -$123,043
Form type: 4
Date filed: 1/30/2023, 04:05 PM
Previous filing: Jan 6, 2023
Next filing: Feb 1, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	URG	Common Shares	Options Exercise	$101K	+176K	+276.96%	$0.58	239K	Jan 27, 2023	Direct	F1
transaction	URG	Common Shares	Sale	-$225K	-176K	-73.47%	$1.28	63.4K	Jan 27, 2023	Direct	F2

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)	Options Exercise	$0	-176K	-19.66%	$0.00	717K	Jan 27, 2023	Common Shares	176K	$0.58	Direct	F1, F3

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

Explanation of Responses:

Id	Content
F1	The options were exercised and the shares were acquired at $0.77 Canadian dollars; $0.5783 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$0.7511).
F2	The shares were sold at $1.7034 Canadian dollars; $1.2794 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$0.7511).
F3	A total of 200,000 options were granted on 3/30/18 and vested and became exercisable as follows: 66,666 on 3/30/19; 66,666 on 3/30/20 and 66,668 on 3/30/21.