FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Abraham Spencer
2. Issuer Name and Ticker or Trading Symbol

URANIUM ENERGY CORP [ UEC ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

600 14TH STREET, NW, SUITE 500
3. Date of Earliest Transaction (MM/DD/YYYY)

7/21/2022
(Street)

WASHINGTON, DC 20005
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
COMMON STOCK 7/21/2022  M  12635 A (1)474030 D  
COMMON STOCK 7/21/2022  M  100000 A$0.91 (3)574030 D  
COMMON STOCK 7/21/2022  F  26075 D$3.49 547955 D  
COMMON STOCK 7/21/2022  M  32079 A$2.15 (4)580034 D  
COMMON STOCK 7/21/2022  F  19763 D$3.49 560271 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units  (1)7/21/2022  M     12635   (2) (2)Common Stock 12635 $0 48603 D  
Options $0.91 7/21/2022  M     100000  7/16/2022 7/16/2030 Common Stock 100000  (5)64158 D  
Options $2.15 7/21/2022  M     32079  7/21/2022 7/21/2031 Common Stock 32079  (5)32079 D  

Explanation of Responses:
(1) Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock.
(2) This award has vested as to one-third of the Restricted Stock Units on the first, second and third anniversary of the grant date.
(3) The Reporting Person exercised options previously granted to him under the Company stock incentive plan, electing to pay the exercise price pursuant to the deemed net-stock exercise provision of such plan. As such, the Issuer withheld 26,075 shares at a fair market value of $3.49 per share being equal to the exercise price, such that the Reporting Person was issued 73,925 shares
(4) The Reporting Person exercised options previously granted to him under the Company stock incentive plan, electing to pay the exercise price pursuant to the deemed net-stock exercise provision of such plan. As such, the Issuer withheld 19,763 shares at a fair market value of $3.49 per share being equal to the exercise price, such that the Reporting Person was issued 12,316 shares.
(5) Granted pursuant to and in accordance with the Company's stock incentive plan

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Abraham Spencer
600 14TH STREET, NW
SUITE 500
WASHINGTON, DC 20005
X



Signatures
/s/ Spencer Abraham7/22/2022
**Signature of Reporting PersonDate


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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