UR-ENERGY INC — Director's Dealing 2014

Jan 30, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UR-ENERGY INC (URG)
CIK: 0001375205
Period of Report: 2014-01-27

Reporting Person: HEILI WAYNE W. (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-01-27	Common Shares	M	14096	—	Acquired	142628	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-01-27	Restricted Share Unit	$	M	14096	Disposed		Common Shares (14096)	Direct

Footnotes

F1: On January 12, 2012, the reporting person was granted 28,192 Restricted Share Units ("RSUs") vesting in two installments. 14,096 RSUs vested on January 12, 2014. Subsequently, the Compensation Committee made the determination to satisfy the RSU award by delivering common shares rather than cash.

F2: Each RSU entitles the holder to receive delivery of one common share upon satisfaction of RSU vesting period.