SEC Form 4 · accession 0001385849-19-000012
ENERGY FUELS INC · UUUU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares | Jan 22, 2019 | A | 111,314 | $2.92 | A | 400,026 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation Rights ("SARs") | $2.92 | Jan 22, 2019 | A | 390,044 | A | Jan 22, 2020 | Jan 22, 2024 | Common Shares | 390,044 | 390,044 | D |
Remarks
1. Reflects grant of 111,314 restricted stock units which vest as follows: 50% on 1/27/2020; 25% on 1/27/2021; and 25% on 1/27/2022. 2. Reflects grant of 390,044 stock appreciation rights which vest as follows: one-third automatically upon the volume weighted average price ("VWAP") of the Issuer's common shares on the NYSE American equaling or exceeding US$5.00 for any continuous 90-day period; another one-third automatically upon the VWAP of the Issuer's common shares on the NYSE American equaling or exceeding US$7.00 for any continuous 90-day period; and the final one-third automatically upon the VWAP of the Issuer's common shares on the NYSE American equaling or exceeding US$10.00 for any continuous 90-day period. 3. Notwithstanding any vesting of SARs, no SARs may be exercised until January 22, 2020, being the date that is one year after the date of grant.