Spencer Abraham - 21 Jul 2022 Form 4 Insider Report for URANIUM ENERGY CORP (UEC)

Role
Director
Signature
/s/ Spencer Abraham
Issuer symbol
UEC
Transactions as of
21 Jul 2022
Transactions value $
-$5
Form type
4
Filing time
22 Jul 2022, 16:33:42 UTC
Previous filing
19 Jul 2022
Next filing
02 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UEC COMMON STOCK Options Exercise +12,635 +2.74% 474,030 21 Jul 2022 Direct F1
transaction UEC COMMON STOCK Options Exercise $91,000 +100,000 +21.1% $0.91* 574,030 21 Jul 2022 Direct F3
transaction UEC COMMON STOCK Tax liability -$91,001 -26,075 -4.54% $3.49 547,955 21 Jul 2022 Direct
transaction UEC COMMON STOCK Options Exercise $68,969 +32,079 +5.85% $2.15 580,034 21 Jul 2022 Direct F4
transaction UEC COMMON STOCK Tax liability -$68,972 -19,763 -3.41% $3.49 560,271 21 Jul 2022 Direct

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 UEC Restricted Stock Units Options Exercise $0 -12,635 -20.63% $0 48,603 21 Jul 2022 Common Stock 12,635 Direct F1, F2
transaction UEC Options Options Exercise -100,000 -60.92% 64,158 21 Jul 2022 Common Stock 100,000 $0.91 Direct F5
transaction UEC Options Options Exercise -32,079 -50% 32,079 21 Jul 2022 Common Stock 32,079 $2.15 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock.
F2 This award has vested as to one-third of the Restricted Stock Units on the first, second and third anniversary of the grant date.
F3 The Reporting Person exercised options previously granted to him under the Company stock incentive plan, electing to pay the exercise price pursuant to the deemed net-stock exercise provision of such plan. As such, the Issuer withheld 26,075 shares at a fair market value of $3.49 per share being equal to the exercise price, such that the Reporting Person was issued 73,925 shares
F4 The Reporting Person exercised options previously granted to him under the Company stock incentive plan, electing to pay the exercise price pursuant to the deemed net-stock exercise provision of such plan. As such, the Issuer withheld 19,763 shares at a fair market value of $3.49 per share being equal to the exercise price, such that the Reporting Person was issued 12,316 shares.
F5 Granted pursuant to and in accordance with the Company's stock incentive plan