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 *

OBARA PAT
2. Issuer Name and Ticker or Trading Symbol

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

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

106 - 1950 WEST 8TH AVENUE
3. Date of Earliest Transaction (MM/DD/YYYY)

7/29/2022
(Street)

VANCOUVER, A1 V6J1W3
(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 7/30/2022  M  33333 A (1)565606 D  
COMMON STOCK 7/30/2022  F  17834 (9)D$4.20 547772 D  
COMMON STOCK 7/30/2022  M  170225 A (7)717997 D  
COMMON STOCK 7/30/2022  F  91071 (10)D$4.20 626926 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)7/29/2022  A (2)  30151     (3) (3)Common Stock 30151 $0 147399 D  
Performance Based Restricted Stock Units  (4)7/29/2022  A (2)  34068     (5) (5)Common Stock 34068 $0 293791 D  
Restricted Stock Units  (1)7/30/2022  M     33333   (6) (6)Common Stock 33333 $0 114066 D  
Performance Based Restricted Stock Units  (7)7/30/2022  M     170225   (8) (8)Common Stock 170225 $0 123566 D  

Explanation of Responses:
(1) Each restricted stock unit represents a contingent right to receive one share of common stock.
(2) Granted pursuant to and in accordance with the Issuer's 2021 Stock Incentive Plan.
(3) The restricted stock units vest in three equal annual installments beginning July 29, 2023. Vested shares will be delivered to the reporting person no later than August 30th of each year.
(4) Each performance based restricted stock unit represents a contingent right to receive one share of common stock.
(5) The performance based restricted stock units vest 100% on July 29, 2025. Vested shares will be delivered to the reporting person no later than August 30th, 2025.
(6) This award has vested as to one-third of the Restricted Stock Units on the first, second and third anniversary of the grant date.
(7) Each Performance Based Restricted Stock Unit represents a contingent right to receive one share of common stock. This transaction represents the settlement of Performance Based Restricted Stock Units in shares of common stock on their scheduled vesting date.
(8) This award has vested as to one-third of the Performance Based Restricted Stock Units on the first, second and third anniversary of the grant date.
(9) Represents shares of common stock withheld to satisfy tax withholding requirements upon the vesting of Restricted Stock Units.
(10) Represents shares of common stock withheld to satisfy tax withholding requirements upon the vesting of Performance Based Restricted Stock Units.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
OBARA PAT
106 - 1950 WEST 8TH AVENUE
VANCOUVER, A1 V6J1W3


Chief Financial Officer

Signatures
/s/ Patrick Obara8/2/2022
**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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