James M. Franklin - 26 Jan 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
Issuer symbol: URG
Transactions as of: 26 Jan 2023
Net transactions value: -$234,007
Form type: 4
Filing time: 30 Jan 2023, 16:07:24 UTC
Previous filing: 06 Jan 2023
Next filing: 18 Aug 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	URG	Common shares	Options Exercise	$114,557	+193,574	+32%	$0.5918	799,501	26 Jan 2023	Direct	F1
transaction	URG	Common shares	Sale	$240,167	-193,574	-24%	$1.24	605,927	26 Jan 2023	Direct	F2
transaction	URG	Common shares	Options Exercise	$67,297	+142,609	+24%	$0.4719	748,536	26 Jan 2023	Direct	F3
transaction	URG	Common shares	Sale	$175,694	-142,609	-19%	$1.23	605,927	26 Jan 2023	Direct	F4

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	-193,574	-28%	$0.000000	499,257	26 Jan 2023	Common shares	193,574	$0.5918	Direct	F1, F5
transaction	URG	Common share options (right to buy)	Options Exercise	$0	-142,609	-29%	$0.000000	356,648	26 Jan 2023	Common shares	142,609	$0.4719	Direct	F3, F6

* 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 $0.79 Canadian dollars; $0.5918 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$0.7491).
F2	The shares were sold at $1.6563 Canadian dollars; $1.2407 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$0.7491).
F3	The options were exercised and the shares were acquired at $0.63 Canadian dollars; $0.4719 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$0.7491).
F4	The shares were sold at $1.6446 Canadian dollars; $1.2320 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$0.7491).
F5	A total of 193,574 options were granted on 11/5/2019 vested and became exercisable as follows: 64,524 on 11/5/2020; 64,524 on 11/5/2021 and 64,526 on 11/5/2022.
F6	A total of 213,914 options were granted on 11/13/2020 which vested and became exercisable as follows: 71,305 on 11/13/2021; 71,305 on 11/13/22. Another 71,304 options will vest on 11/13/2023.