James M. Franklin - Dec 7, 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
Dec 7, 2023
Transactions value $
$0
Form type
4
Date filed
12/11/2023, 05:07 PM
Previous filing
Aug 30, 2023
Next filing
Dec 12, 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 +65.6K +21.8% $0.00 367K Dec 7, 2023 Common Shares 65.6K $1.52 Direct F1, F2
transaction URG Restricted share units (exchange for common shares) Award $0 +16.4K +71.88% $0.00 39.2K Dec 7, 2023 Common Shares 16.4K 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 $2.06 Canadian dollars; $1.5151 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$0.7355) www.bankofcanada.ca.
F2 The options will vest and become exercisable as follows: 21,875 on 12/07/2024; 21,875 on 12/07/2025; and 21,875 on 12/07/2026.
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 12/07/2025 per the terms of the plan.