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WESTWATER RESOURCES, INC. Director's Dealing 2008

Sep 2, 2008

34414_dirs_2008-09-02_1b889ce3-c8d2-4e02-904a-0a8db096f485.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: URANIUM RESOURCES INC /DE/ (URRE)
CIK: 0000839470
Period of Report: 2008-08-28

Reporting Person: VAN HORN RICHARD A (Senior VP - Operations)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-08-28 Common stock $0.001 par value A 50000 $0.80 Acquired 63333 Direct
2008-08-28 Common stock $0.001 par value D 50000 $2.292 Disposed 13333 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2008-08-28 Stock option (right to buy) $0.80 C 50000 Disposed 2010-09-27 Common stock par value $0.001 (50000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common stock $0.001 par value 13333 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock option (right to buy) $0.80 2010-09-27 Common stock (50000) 50000 Direct
Stock option (right to buy) $0.76 2011-02-28 Common stock (16000) 16000 Direct
Stock option (right to buy) $1.16 2014-06-02 Common stock (375000) 375000 Direct
Stock option (right to buy) $0.80 2011-01-11 Common stock (130000) 130000 Direct

Footnotes

F1: Stock options available pursuant to deferred compensation plans of the Issuer. Represents deferred compensation for 2000 through 2004 of $104,000 which can be exersised at $0.80 per share into common stock of the Issuer.

F2: Stock options granted pursuant to the Company's Stock Incentive Plan which can be exercised at $1.16 per share. 64,656 shares vested on 06/02/04 and 77,586 vested each year on June 2, 2005, 2006, 2007 and 2008.