URANIUM ENERGY CORP — Director's Dealing 2021

May 11, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: URANIUM ENERGY CORP (UEC)
CIK: 0001334933
Period of Report: 2021-05-07

Reporting Person: Abraham Spencer (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-07	COMMON STOCK	M	50000	$2.41	Acquired	234587	Direct
2021-05-07	COMMON STOCK	F	36078	$3.34	Disposed	198509	Direct
2021-05-07	COMMON STOCK	M	80000	$0.93	Acquired	278509	Direct
2021-05-07	COMMON STOCK	F	22276	$3.34	Disposed	256233	Direct
2021-05-07	COMMON STOCK	M	45000	$1.28	Acquired	301233	Direct
2021-05-07	COMMON STOCK	F	17246	$3.34	Disposed	283987	Direct
2021-05-07	COMMON STOCK	M	45000	$1.53	Acquired	328987	Direct
2021-05-07	COMMON STOCK	F	20614	$3.34	Disposed	308373	Direct
2021-05-07	COMMON STOCK	M	75000	$0.9421	Acquired	383373	Direct
2021-05-07	COMMON STOCK	F	21155	$3.34	Disposed	362218	Direct
2021-05-07	COMMON STOCK	M	50000	$0.91	Acquired	412218	Direct
2021-05-07	COMMON STOCK	F	13623	$3.34	Disposed	398595	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-05-07	Options	$2.41	M	50000	Disposed	2023-01-15	Common Stock (50000)	Direct
2021-05-07	Options	$0.93	M	80000	Disposed	2021-08-02	Common Stock (80000)	Direct
2021-05-07	Options	$1.28	M	45000	Disposed	2022-08-22	Common Stock (45000)	Direct
2021-05-07	Options	$1.53	M	45000	Disposed	2023-07-25	Common Stock (45000)	Direct
2021-05-07	Options	$0.9421	M	75000	Disposed	2029-07-30	Common Stock (75000)	Direct
2021-05-07	Options	$0.91	M	50000	Disposed	2030-07-30	Common Stock (50000)	Direct

Footnotes

F1: The Reporting Person exercised options previously granted to him under the Company stock incentive plan, electing to pay the exercise price pursuant to the deemed net-stock exercise provision of such plan. As such, the Issuer withheld 36,078 shares at a fair market value of $3.34 per share being equal to the exercise price, such that the Reporting Person was issued 13,922 shares.

F2: The Reporting Person exercised options previously granted to him under the Company stock incentive plan, electing to pay the exercise price pursuant to the deemed net-stock exercise provision of such plan. As such, the Issuer withheld 22,276 shares at a fair market value of $3.34 per share being equal to the exercise price, such that the Reporting Person was issued 57,724 shares.

F3: The Reporting Person exercised options previously granted to him under the Company stock incentive plan, electing to pay the exercise price pursuant to the deemed net-stock exercise provision of such plan. As such, the Issuer withheld 17,246 shares at a fair market value of $3.34 per share being equal to the exercise price, such that the Reporting Person was issued 27,754 shares.

F4: The Reporting Person exercised options previously granted to him under the Company stock incentive plan, electing to pay the exercise price pursuant to the deemed net-stock exercise provision of such plan. As such, the Issuer withheld 20,614 shares at a fair market value of $3.34 per share being equal to the exercise price, such that the Reporting Person was issued 24,386 shares.

F5: The Reporting Person exercised options previously granted to him under the Company stock incentive plan, electing to pay the exercise price pursuant to the deemed net-stock exercise provision of such plan. As such, the Issuer withheld 21,155 shares at a fair market value of $3.34 per share being equal to the exercise price, such that the Reporting Person was issued 53,845 shares.

F6: The Reporting Person exercised options previously granted to him under the Company stock incentive plan, electing to pay the exercise price pursuant to the deemed net-stock exercise provision of such plan. As such, the Issuer withheld 13,623 shares at a fair market value of $3.34 per share being equal to the exercise price, such that the Reporting Person was issued 36,377 shares.

F7: Granted pursuant to and in accordance with the Company's stock incentive plan.