URANERZ ENERGY CORP. 4
4 · URANERZ ENERGY CORP. · Filed Jun 29, 2015
Insider Transaction Report
Form 4
Transactions
- Disposition to Issuer
Common shares
2015-06-18−16,000→ 0 total - Disposition to Issuer
Option
2015-06-18−70,000→ 0 totalExercise: $1.33From: 2010-01-05Exp: 2020-01-05→ Common stock (70,000 underlying) - Disposition to Issuer
Option
2015-06-18−163,000→ 0 totalExercise: $1.22From: 2013-07-12Exp: 2023-07-11→ Common stock (163,000 underlying) - Disposition to Issuer
Option
2015-06-18−100,000→ 0 totalExercise: $1.96From: 2006-05-23Exp: 2016-05-23→ Common stock (100,000 underlying) - Disposition to Issuer
Option
2015-06-18−135,000→ 0 totalExercise: $1.32From: 2012-12-17Exp: 2022-12-16→ Common stock (135,000 underlying) - Disposition to Issuer
Option
2015-06-18−73,000→ 0 totalExercise: $1.14From: 2015-01-17Exp: 2025-01-16→ Common stock (73,000 underlying) - Disposition to Issuer
Option
2015-06-18−125,000→ 0 totalExercise: $2.64From: 2008-01-07Exp: 2018-01-07→ Common stock (125,000 underlying) - Disposition to Issuer
Option
2015-06-18−135,000→ 0 totalExercise: $1.89From: 2011-12-12Exp: 2021-12-12→ Common stock (135,000 underlying)
Footnotes (3)
- [F1]This transaction reflects the disposition of the securities of the Issuer held by the reporting person pursuant to the Agreement and Plan of Merger dated January 4, 2015, as amended (the "Merger Agreement"), by and among the Issuer, Energy Fuels Inc. (the "Acquirer"), and EFR Nevada Corp. The parties completed the merger on June 18, 2015 (the "Closing Date"), with each share of common stock of the Issuer being exchanged for 0.255 shares of the Acquirer (the "Exchange Ratio").
- [F2]Under the terms of a severance agreement entered into between the reporting person and the Acquirer as at the Closing Date, this option will continue for a term of 24 months following the Closing Date (or such later term as applicable under the terms of the stock option plan of the Acquirer governing such stock options).
- [F3]This option, which is fully vested and exercisable, was assumed by the Acquirer and replaced with an option to purchase shares of common stock of the Acquirer. Both the number of shares under the option and the exercise price are adjusted by the Exchange Ratio.