Western Uranium & Vanadium (WSTRF) Form 4 Western Uranium & Vanadium / Bryan J Murphy ownership change

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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

1. Name and Address of Reporting Person^*

Murphy Bryan J

(Last) (First) (Middle)

1681 BRAMSEY DRIVE

(Street)

MISSISSAUGA A6 L5J 2H9

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Western Uranium & Vanadium Corp. [ WSTRF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/25/2023

4. If Amendment, Date of 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

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 Shares	10/25/2023		M		50,000	A	$1(1)	63,517	D
Common Shares	10/25/2023		F		31,754	D	$1.5746(1)	31,763	D
Common Shares								31,250	I	By Magellan Limited

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 Securities Underlying Derivative Security (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: 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
Stock Options	$1(1)	10/25/2023		M			50,000	(2)	(3)	Common Shares	50,000	$0.00	0	D
Stock Options	$1.6(1)							(4)	(5)	Common Shares	300,000		300,000	D
Stock Options	$1.76(1)							(6)	(7)	Common Shares	200,000		200,000	D
Stock Options	$1.03(1)							(8)	(9)	Common Shares	125,000		125,000	D
Stock Options	$2.15(1)							(10)	(11)	Common Shares	83,334		83,334	D
Warrants	$1.2(1)							03/01/2021	03/01/2024	Common Shares	31,250		31,250	I	By Magellan Limited

Explanation of Responses:

1. Price is stated in Canadian dollars (CAD).

2. Vested: December 31, 2018

3. Expiration Date: December 31, 2023

4. Vested: 1/2 on October 31, 2022, and 1/2 on April 30, 2023

5. Expiration Date: 1/2 on October 31, 2027, and 1/2 on April 30, 2028

6. Vested: 1/3 on February 9, 2022, 1/3 on April 1, 2022, and 1/3 on July 1, 2022

7. Expiration Date: 1/3 on February 9, 2027, 1/3 on April 1, 2027. amd 1/3 on July 1, 2027

8. Vested: 1/3 on January 6, 2020, 1/3 on January 31, 2020, and 1/3 on June 30, 2020

9. Expiration Date: 1/3 on January 6, 2025, 1/3 on January 31, 2025, and 1/3 on June 30, 2025

10. Vested: March 31, 2019

11. Expiration Date: March 31, 2024

	/s/ Bryan J. Murphy	11/01/2023
	** Signature of Reporting Person	Date
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.
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