Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
OnApril 2, 2021 , the Board of Directors (the "Board") ofUr-Energy Inc. ("Ur-Energy" or the "Company") approved an award of short-term incentive bonuses for 2019 (the "2019 STIPs") for the executive officers of the Company: Mr.Jeffrey T. Klenda , Chief Executive Officer; Mr.Roger L. Smith , Chief Financial Officer; Ms.Penne A. Goplerud , Corporate Secretary; Mr.Steven M. Hatten , Vice President Operations; and Mr.John W. Cash , Vice President Regulatory Affairs (collectively, the "Executive Officers"). The awards, previously postponed by the Board in deference to the effects of and uncertainty caused by the COVID-19 pandemic, were considered and the determination was made by the Board to pay the 2019 STIPs at a rate reduced by 50%. The total compensation for the Executive Officers for 2019, as updated, is set forth here: Change in pension value and Option Non-equity nonqualified All other
Name and principal Stock awards
incentive plan deferred Compensation
position Year Salary($) Bonus ($) awards($) ($) compensation($) compensation($) ($)
Total($) Jeffrey T. Klenda 2019 426,050 112,183 62,082 109,917 Nil Nil Nil 710,232 President and CEO Roger L. Smith 2019 282,425 54,487 33,958 60,124 Nil Nil 11,297 442,291 Chief Financial Officer Penne A. Goplerud 2019 253,908 48,945 30,529 54,052 Nil Nil 10,156 397,590 Corporate Secretary Steven M. Hatten 2019 222,522 42,896 26,756 47,371 Nil Nil 8,550 348,095 Vice President Operations John W. Cash 2019 212,086 41,406 25,501 45,149 Nil Nil 7,756 331,898 Vice President Regulatory Affairs
The approval of the award of the 2019 STIPs to the CEO and other Executive Officers and to non-executive staff results in a CEO Pay Ratio for 2019 of 7:1.
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