Sec Form 4 Filing - Adnani Amir @ URANIUM ENERGY CORP - 2023-07-31

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Adnani Amir 2. Issuer Name and Ticker or Trading Symbol URANIUM ENERGY CORP [ UEC] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) President and CEO (Last) (First) (Middle) 1830-1188 WEST GEORGIA STREET 3. Date of Earliest Transaction (MM/DD/YY) 07/31/2023 (Street) VANCOUVER, A1V6E4A2 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price COMMON STOCK 07/31/2023 M 133,333 A 3,928,361 D COMMON STOCK 07/31/2023 F 71,334 ( 3 ) D $ 3.12 3,857,027 D COMMON STOCK 07/31/2023 M 78,488 A 3,935,515 D COMMON STOCK 07/31/2023 F 41,992 ( 3 ) D $ 3.21 3,893,523 D COMMON STOCK 07/31/2023 M 48,040 A 3,941,563 D COMMON STOCK 07/31/2023 F 25,702 ( 3 ) D $ 3.32 3,915,861 D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Restricted Stock Units ( 1 ) 07/31/2023 M 133,333 ( 2 ) ( 2 ) Common Stock 133,333 $ 0 301,098 D Restricted Stock Units ( 1 ) 07/31/2023 M 78,488 ( 4 ) ( 4 ) Common Stock 78,488 $ 0 222,610 D Restricted Stock Units ( 1 ) 07/31/2023 M 48,040 ( 4 ) ( 4 ) Common Stock 48,040 $ 0 174,570 D Restricted Stock Units ( 1 ) 07/31/2023 A( 5 ) 397,692 ( 6 ) ( 6 ) Common Stock 397,692 $ 0 572,262 I Amir Adnani Corp. Performance Based Restricted Stock Units ( 7 ) 07/31/2023 A( 5 ) 421,795 ( 8 ) ( 8 ) Common Stock 421,795 $ 0 898,597 I Amir Adnani Corp. Performance Stock Options $ 3.98 07/31/2023 A( 5 ) 114,915 ( 9 ) 07/31/2033 Common Stock 114,915 $ 0 964,915 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Adnani Amir 1830-1188 WEST GEORGIA STREET VANCOUVER, A1V6E4A2 X President and CEO Signatures /s/ AMIR ADNANI 08/02/2023 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock. ( 2 )This award has vested as to one-half of the Restricted Stock Units on the first anniversary of the grant date, with the remainder of the Restricted Stock Units to vest in equal installments on the first, second and third anniversary of the grant date. ( 3 )Represents shares of common stock withheld to satisfy tax withholding requirements upon the vesting of this award. ( 4 )This award has vested as to one-third of the Restricted Stock Units on the first, second and third anniversary of the grant date. ( 5 )Granted pursuant to and in accordance with the Issuer's 2023 Stock Incentive Plan. ( 6 )The Restricted Stock Units vest in three equal annual installments beginning July 31, 2024. Vested shares will be delivered to the reporting person no later than August 30th of each year. ( 7 )Each Performance Based Restricted Stock Unit represents a contingent right to receive one share of common stock. ( 8 )The Performance Based Restricted Stock Units vest 100% on July 31, 2026. Vested shares will be delivered to the reporting person no later than August 30th, 2026. ( 9 )Performance Options vest over 36-month period (33.33% 12, 24 and 36 months from the date of grant).

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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