SEC Form 4 · accession 0001638599-17-001025
URANIUM ENERGY CORP · UEC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vincent Della Volpe
Director
Period of report
Oct 20, 2017
Accepted (ET)
Oct 23, 2017 · 7:58 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001334933
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCKF1 | Oct 20, 2017 | M | 100,000 | $0.45 | A | 124,807 | D | |
| COMMON STOCKF1 | Oct 20, 2017 | F | 37,500 | $1.20 | D | 87,307 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OPTIONSF2 | $0.45 | Oct 20, 2017 | M | 100,000 | D | Nov 1, 2007 | Nov 1, 2017 | COMMON STOCK | 100,000 | 325,000 | D |
Explanation of responses
- F1The 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 37,500 shares at a fair market value of $1.20 per share being equal to the exercise price, such that the Reporting Person was issued 62,500 shares.
- F2Granted pursuant to and in accordance with the Company stock incentive plan.