UR-ENERGY INC 4
4 · UR-ENERGY INC · Filed Mar 14, 2017
Insider Transaction Report
Form 4
BONNER JAMES A
Vice President, Geology
Transactions
- Exercise/Conversion
Common Shares
2017-03-14$0.68/sh+9,349$6,389→ 24,909 total - Exercise/Conversion
Restricted Share Units
2017-03-14−9,349→ 62,698 total→ Common shares (9,349 underlying)
Footnotes (3)
- [F1]On 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.
- [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 $0.92 Canadian dollars per share. $0.6834 is the U.S. dollar equivalent of the share price pursuant to the exchange rate as of the transaction date (CDN$ 1.00 = US$ 0.7428), as reported by the Bank of Canada on its website, www.bankofcanada.ca.