SEC Form 4 · accession 0001183740-15-000156

URANERZ ENERGY CORP. · URZ

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Executive Chairman · Director

Period of report

Jun 18, 2015

Accepted (ET)

Jun 29, 2015 · 1:54 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001162324

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common shares^F1	Jun 18, 2015	D	1,870,000	—	D	0	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
Option^F1,F3,F2	$0.75	Jun 18, 2015	D	75,000	D	Jan 6, 2006	Jan 6, 2016	Common stock	75,000	D
Option^F1,F3,F2	$2.64	Jun 18, 2015	D	62,500	D	Jan 7, 2008	Jan 7, 2018	Common stock	62,500	D
Option^F1,F3,F2	$0.65	Jun 18, 2015	D	20,000	D	Jan 5, 2009	Jan 5, 2019	Common stock	20,000	D
Option^F1,F3,F2	$1.33	Jun 18, 2015	D	35,000	D	Jan 5, 2010	Jan 5, 2020	Common stock	35,000	D
Option^F1,F3,F2	$1.89	Jun 18, 2015	D	67,500	D	Dec 12, 2011	Dec 12, 2021	Common stock	67,500	D
Option^F1,F3,F2	$1.32	Jun 18, 2015	D	67,500	D	Dec 17, 2012	Dec 16, 2022	Common stock	67,500	D
Option^F1,F3,F2	$1.22	Jun 18, 2015	D	107,500	D	Jul 12, 2013	Jul 11, 2023	Common stock	107,500	D
Option^F1,F3,F2	$1.14	Jun 18, 2015	D	73,000	D	Jan 17, 2015	Jan 16, 2025	Common stock	73,000	D

F1This transaction reflects the disposition of the securities of the Issuer held by the reporting person pursuant to the Agreement and Plan of Merger dated January 4, 2015, as amended (the "Merger Agreement"), by and among the Issuer, Energy Fuels Inc. (the "Acquirer"), and EFR Nevada Corp. The parties completed the merger on June 18, 2015 (the "Closing Date"), with each share of common stock of the Issuer being exchanged for 0.255 shares of the Acquirer (the "Exchange Ratio").
F2Under the terms of a severance agreement entered into between the reporting person and the Acquirer as at the Closing Date, this option will continue for a term of 24 months following the Closing Date (or such later term as applicable under the terms of the stock option plan of the Acquirer governing such stock options).
F3This option, which is fully vested and exercisable, was assumed by the Acquirer and replaced with an option to purchase shares of common stock of the Acquirer. Both the number of shares under the option and the exercise price are adjusted by the Exchange Ratio.