SEC Form 4 · accession 0001144204-16-139268
UR-ENERGY INC · URG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Macdonell
Director
Period of report
Dec 12, 2016
Accepted (ET)
Dec 13, 2016 · 7:11 pm EST
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 | Dec 12, 2016 | M | 5,250 | $0.556 | A | 198,791 | 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 Units (exchange for common shares)F2,F4 | — | Dec 12, 2016 | M | 5,250 | D | — | — | Common Shares | 5,250 | 21,540 | D |
Explanation of responses
- F1Under 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. The Compensation Committee made the determination to satisfy the RSU award by delivering common shares rather than cash.
- F2Restricted share units convert into common shares on a one-for-one basis.
- F3The common shares were priced at $0.73 Canadian dollars per share. $0.556 is the U.S. dollar equivalent of the share price pursuant to the exchange rate as of the transaction date (CDN$ 1.00 = US$ 0.7610), as reported by the Bank of Canada on its website, www.bankofcanada.ca.
- F4On December 12, 2014, the reporting person was granted 10,500 restricted share units, vesting as follows: 5,250 on December 12, 2015 and 5,250 on December 12, 2016.