UR-ENERGY INC — Director's Dealing 2015

Jan 26, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UR-ENERGY INC (URG)
CIK: 0001375205
Period of Report: 2015-01-26

Reporting Person: MACDONELL PAUL (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-01-26	Common Shares	M	5854	$0.89	Acquired	182076	Direct
2015-01-26	Common Shares	F	1439	$0.89	Disposed	180637	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-01-26	Restricted Share Units	$	M	5854	Disposed		Common shares (5854)	Direct

Footnotes

F1: On December 27, 2013, the reporting person was granted 11,708 Restricted Share Units ("RSUs") vesting in two installments; 5,854 RSUs vesting on December 27, 2014 and 5,854 RSUs vesting on December 27, 2015. Subsequently, the Compensation Committee made the determination to satisfy the awards vesting in 2014 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.

F3: The common shares are priced in US dollars.