Robby Sai Kit Chang - 27 Aug 2021 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
27 Aug 2021
Net transactions value
$0
Form type
4
Filing time
31 Aug 2021, 17:09:14 UTC
Next filing
09 Nov 2021

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 +87,858 +12% $0.000000 801,526 27 Aug 2021 Common Shares 87,858 $1.14 Direct F1, F2
transaction URG Restricted share units (exchange for common stock) Award $0 +21,964 +22% $0.000000 123,837 27 Aug 2021 Common shares 21,964 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 $1.44 Canadian dollars; $1.1398 U.S. dollars is the equivalent of the exercise price pursuant to the exchange rate realized as of the transaction date.
F2 The options will vest and become exercisable as follows: 29,286 on 08/27/2022; 29,286 on 08/27/2023; and 29,286 on 08/27/2024.
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 08/27/23 per the terms of the plan.