KLEIN ROBERT R. (Chief Financial Officer) exercised options at WESTERN URANIUM & VANADIUM CORP.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise

KLEIN ROBERT R.

Filed: 10/6/2021ACC: 0001727689-21-000005

InsiderKLEIN ROBERT R.CIK 1688367

→

IssuerWESTERN URANIUM & VANADIUM CORP.CIK 1621906

Officer· Chief Financial Officer

Since Sep 2018

-48.31K

Net shares

Net seller

$166.7K

Total sold

Open market trades

0B · 0S

Total transactions

66.67K acquired · 114.97K disposed

Non-Derivative Transactions2

Common Shares

Direct

M · Option Exercise

+66.67K

Price / share

$2.50

Trade value

$166.66K

% of position

333.3%

10/4/2021

20K→86.67K

Common Shares

Direct

F · Tax Withholding

−48.31K

Price / share

$3.45

Trade value

$166.66K

% of position

55.7%

10/4/2021

86.67K→38.36K

Total

Net shares

+18.36K

Net value

$2.40

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Shares Direct	10/4/2021	M · Option Exercise	+66.67K	$2.50	$166.66K	333.3%	20K	86.67K
Common Shares Direct	10/4/2021	F · Tax Withholding	−48.31K	$3.45	$166.66K	55.7%	86.67K	38.36K
Total			+18.36K		$2.40

Derivative Transactions1

Stock Options

Direct

M · Option Exercise

Converts to

Common Shares

66.67K shares

−66.67K

Strike price

2.5

Held after

33.33K

Exercisable

—

10/4/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Options Direct	Common Shares66.67K shares	10/4/2021	M · Option Exercise	−66.67K	2.5	—	33.33K

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)3

Stock Options

Direct

Underlying security

Common Shares

Underlying shares

200K

Shares owned

200K

Exercise price

1.6

Expiration

—

Exercise window

—

Stock Options

Direct

Underlying security

Common Shares

Underlying shares

250K

Shares owned

250K

Exercise price

2.15

Expiration

—

Exercise window

—

Stock Options

Direct

Underlying security

Common Shares

Underlying shares

125K

Shares owned

125K

Exercise price

1.03

Expiration

—

Exercise window

—

Total

Underlying

575K

Owned

575K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Stock Options Direct	Common Shares	1.6	—	—	200K	200K
Stock Options Direct	Common Shares	2.15	—	—	250K	250K
Stock Options Direct	Common Shares	1.03	—	—	125K	125K
Total					575K	575K