Statement of Changes in Beneficial Ownership (4)
December 17 2019 - 05:04PM
Edgar (US Regulatory)
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
|
OMB
APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5 |
|
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 * FRANKLIN JAMES
M. |
2. Issuer Name and Ticker or Trading
Symbol UR-ENERGY INC [ URG ] |
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)
10758 W. CENTENNIAL ROAD, SUITE 200 |
3. Date of Earliest Transaction (MM/DD/YYYY)
12/16/2019
|
(Street)
LITTLETON, CO 80127
(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 Shares |
12/16/2019 |
|
M |
|
30000 (2) |
A |
$0.5782 (3) |
542561 |
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
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. 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 Date |
7. 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) |
Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Restricted Share Units (exchange for common
stock) |
(1) |
12/16/2019 |
|
M |
|
|
30000 |
(2) |
(2) |
Common shares |
30000 |
$0 |
74940 |
D |
|
Explanation of
Responses: |
(1) |
Each unit is redeemable upon
vesting for one common share |
(2) |
On December 15, 2017, the
reporting person was granted 30,000 Restricted Share Units ("RSUs")
vesting in two years. 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. |
(3) |
The common shares were
priced at $0.76 Canadian dollars per share. $0.5782 is the U.S.
dollar equivalent of the share price pursuant to the exchange rate
as of the transaction date (CDN$ 1.00 = US$ 0.7609), as reported by
the Bank of Canada on its website, www.bankofcanada.ca. |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
FRANKLIN JAMES M.
10758 W. CENTENNIAL ROAD, SUITE 200
LITTLETON, CO 80127 |
X |
|
|
|
Signatures
|
/s/ L. Charles Laursen |
|
12/17/2019 |
**Signature of
Reporting Person |
Date |