UR-ENERGY INC 4
4 · UR-ENERGY INC · Filed Jan 13, 2016
Insider Transaction Report
Form 4
MACDONELL PAUL
Director
Transactions
- Exercise/Conversion
Restricted Share Units (exchange for common shares)
2016-01-11−5,250→ 32,644 total→ Common Shares (5,250 underlying) - Exercise/Conversion
Common Shares
2016-01-11+5,250→ 187,687 total
Footnotes (3)
- [F1]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. The Compensation Committee made the determination to satisfy the RSU award by delivering common shares rather than cash.
- [F2]Restricted share units convert into common shares on a one-for-one basis.
- [F3]On 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.