URANIUM ENERGY CORP — Director's Dealing 2012

Sep 11, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: URANIUM ENERGY CORP (UEC)
CIK: 0001334933
Period of Report: 2012-09-05

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-09-05	Common Stock	M	75000	$0.45	Acquired	79123	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-09-05	Options to purchase	$0.45	M	75000	Disposed	2017-11-01	Common Stock (75000)	Direct

Footnotes

F1: Subsequent to such exercise, the Reporting Person holds options to purchase 85,000 shares at an exercise price of $2.40 per share expiring on August 26, 2019, 100,000 shares at an exercise price of $2.43 per share, expiring on August 13, 2020 and 40,000 shares at an exercise price of $2.78 per share, expiring on September 26, 2021.