URANIUM ENERGY CORP — Director's Dealing 2011

Mar 11, 2011

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: URANIUM ENERGY CORP (UEC)
CIK: 0001334933
Period of Report: 2011-03-04

Reporting Person: UNDERDOWN WILLIAM R JR (Vice President Production)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	4123	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options to purchase	$0.45	2017-11-01	Common Stock (75000)		Direct
Options to purchase	$2.4	2019-08-26	Common Stock (85000)		Direct
Options to purchase	$2.43	2020-08-13	Common Stock (100000)		Direct

Footnotes

F1: Subject to vesting provisions such that 25% vest on the date of grant and 25% vest every six months thereafter for a period of 18 months from the date of grant.