Sec Form 4 Filing - Tarnowski Matthew @ ENERGY FUELS INC - 2019-01-22
Every director, officer or owner of more than ten percent of a class of equity securities registered under Section 12 of the '34 Act must file with the U.S. Securities and Exchange Commission (SEC) a statement of ownership regarding such security.
Form 4: Statement of changes in beneficial ownership, filed before the end of the 2nd business day following the day on which a transaction resulting in a change in beneficial ownership.
- Peter Lynch
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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
1. Addition of Common Shares reflects grant of 20,238 restricted stock units which vest as follows: 50% on 1/27/2020; 25% on 1/27/2021; and 25% on 1/27/2022.2. SARs reflect grant of 54,842 stock appreciation rights which vest as follows: (a) as to one-third of the SARs granted, automatically upon the volume weighted average price ("VWAP") of the Issuer's common shares on the NYSE American equaling or exceeding US$5.00 for any continuous 90-day period; (b) as to an additional one-third of the SARs granted, automatically upon the VWAP of the Issuer's common shares on the NYSE American equaling or exceeding US$7.00 for any continuous 90-day period; and (c) as to the final one-third granted, automatically upon the VWAP of the Issuer's common shares on the NYSE American equaling or exceeding US$10.00 for any continuous 90-day period.3. Notwithstanding any vesting of any SARs, no SARs may be exercised until January 22, 2020, being the date that is one year after the date of grant.4. The additional 5,150 derivative securities to the SARs are in the form of stock options with an exercise price of $4.54, to expire 1/28/2020.
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).|
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.