UR-ENERGY INC 4
4 · UR-ENERGY INC · Filed Jan 26, 2016
Insider Transaction Report
Form 4
MACDONELL PAUL
Director
Transactions
- Exercise/Conversion
Restricted Share Units
2016-01-25−5,854→ 26,790 total→ Common shares (5,854 underlying) - Exercise/Conversion
Common Shares
2016-01-25$0.60/sh+5,854$3,533→ 193,541 total
Footnotes (3)
- [F1]On December 27, 2013, the reporting person was granted 11,708 Restricted Share Units ("RSUs") vesting in two installments; 5,854 RSUs vesting on December 27, 2014 and 5,854 RSUs vesting on December 27, 2015. 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.
- [F2]Each RSU entitles the holder to receive delivery of one common share upon satisfaction of RSU vesting period.
- [F3]The common shares were priced at $0.86 Canadian dollars per share. $0.6035 is the U.S. dollar equivalent of the share price pursuant to the exchange rate as of the transaction date (CDN$ 1.00 = US$ 0.7017), as reported by the Bank of Canada on its website, www.bankofcanada.ca.