SEC Form 4 · accession 0001279569-16-004003
URANIUM ENERGY CORP · UEC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William R Underdown Jr.
Officer — VP PRODUCTION
Period of report
Jul 28, 2016
Accepted (ET)
Aug 1, 2016 · 4:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001334933
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OPTIONS TO PURCHASEF1,F3,F2 | $0.93 | Jul 28, 2016 | D | 55,000 | D | Oct 28, 2016 | Jul 28, 2021 | COMMON STOCK | 55,000 | 325,000 | D |
Explanation of responses
- F1Granted pursuant to and in accordance with the Company's stock option plan.
- F2Options vest over an 18-month period (25% 3 months after grant, 25% 6 months after grant, 25% 12 months after grant, 25% 18 months after grant).
- F3In addition to the options to purchase 55,000 shares as disclosed above, the Reporting Person also holds options to purchase 270,000 shares at an exercise price of $1.32 per share expiring September 3, 2019.