SEC Form 4 · accession 0001144204-16-091065
UR-ENERGY INC · URG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James A Bonner
Officer — Vice President, Geology
Period of report
Mar 29, 2016
Accepted (ET)
Mar 29, 2016 · 8:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001375205
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1,F3 | Mar 29, 2016 | M | 9,349 | $0.5017 | A | 12,297 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF2,F1 | — | Mar 29, 2016 | M | 9,349 | D | — | — | Common shares | 9,349 | 36,029 | D |
Explanation of responses
- F1On March 13, 2015, the reporting person was granted 18,698 Restricted Share Units ("RSUs") vesting in two installments; 9,349 RSUs vesting on March 13, 2016 and 9,349 RSUs vesting on March 31, 2017. Subsequently, the Compensation Committee made the determinations to satisfy the RSU award by delivering common shares rather than cash. Under the terms of the Ur-Energy Inc. Restricted Share Unit Plan, each Restricted Share Unit awarded under the Plan is redeemed on or within thirty (30) days after the applicable redemption date for cash or common shares, as determined by the Compensation Committee of the Board.
- F2Each RSU entitles the holder to receive delivery of one common share upon satisfaction of RSU vesting period.
- F3The common shares were priced at $0.66 Canadian dollars per share. $0.5017 is the U.S. dollar equivalent of the share price pursuant to the exchange rate as of the transaction date (CDN$ 1.00 = US$ 0.7602), as reported by the Bank of Canada on its website, www.bankofcanada.ca.