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 OF SECURITIES

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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(Print or Type Responses)
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 (Month/Day/Year)
05/21/2024
(Street)

VANCOUVER, A1 V6E4A2
4. If Amendment, Date Original Filed (Month/Day/Year)
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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 05/21/2024   M   550,000 A $ 0.9421 (1) 4,465,861 I Amir Adnani Corp.
Common Stock 05/21/2024   F   68,812 D $ 7.53 (1) 4,397,049 I Amir Adnani Corp.
Common Stock 05/21/2024   F   129,114 D $ 7.53 (1) 4,267,935 I Amir Adnani Corp.
Common Stock 05/21/2024   M   150,000 A $ 0.91 (2) 4,417,935 I Amir Adnani Corp.
Common Stock 05/21/2024   F   18,127 D $ 7.53 (2) 4,399,808 I Amir Adnani Corp.
Common Stock 05/21/2024   F   35,276 D $ 7.53 (2) 4,364,532 I Amir Adnani Corp.
Common Stock 05/21/2024   M   850,000 A $ 1.1 (3) 5,214,532 I Amir Adnani Corp.
Common Stock 05/21/2024   F   124,170 D $ 7.53 (3) 5,090,362 I Amir Adnani Corp.
Common Stock 05/21/2024   F   194,160 D $ 7.53 (3) 4,896,202 I Amir Adnani Corp.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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
(Month/Day/Year)
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
Options $ 0.9421 05/21/2024   M     550,000 10/30/2019 07/30/2029 Common Stock 550,000 (4) 150,000 D  
Options $ 0.91 05/21/2024   M     150,000 10/16/2020 07/16/2030 Common Stock 150,000 (4) 0 D  
Performance Stock Options $ 1.1 05/21/2024   M     850,000 07/16/2021 07/16/2030 Common Stock 850,000 (4) 114,915 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Adnani Amir
1830-1188 WEST GEORGIA STREET
VANCOUVER, A1 V6E4A2
  X     President and CEO  

Signatures

 /s/ Amir Adnani   05/23/2024
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) The Reporting Person exercised options previously granted to him under the Company's then Stock Incentive Plan, electing to pay the exercise price pursuant to the deemed net-stock exercise provisions of such plan. As such, the Issuer withheld 68,812 shares at a fair market value of $7.53 per share being equal to the exercise price, and 129,114 shares to satisfy tax withholding requirements, such that the Reporting Person was issued 352,074 shares.
(2) The Reporting Person exercised options previously granted to him under the Company's then Stock Incentive Plan, electing to pay the exercise price pursuant to the deemed net-stock exercise provisions of such plan. As such, the Issuer withheld 18,127 shares at a fair market value of $7.53 per share being equal to the exercise price, and 35,276 shares to satisfy tax withholding requirements, such that the Reporting Person was issued 96,597 shares.
(3) The Reporting Person exercised options previously granted to him under the Company's then Stock Incentive Plan, electing to pay the exercise price pursuant to the deemed net-stock exercise provisions of such plan. As such, the Issuer withheld 124,170 shares at a fair market value of $7.53 per share being equal to the exercise price, and 194,160 shares to satisfy tax withholding requirements, such that the Reporting Person was issued 531,670 shares.
(4) Granted pursuant to and in accordance with the Company's stock incentive plan.

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