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WESTWATER RESOURCES, INC. Director's Dealing 2009

Jul 6, 2009

34414_dirs_2009-07-06_c7bf2fcb-7067-4d00-91f9-915ddb2d0953.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: 2009-07-01

Reporting Person: Clark David Nelson (Director, President and CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2009-07-01 Common Stock $0.001 par value (Restricted Shares) A 21259 $1.27 Acquired 175628 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common stock par value $0.001 (60,000 shares unrestricted) 154369 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock option (right to buy) $5.13 2016-06-16 Common stock (50000) 50000 Direct
Stock option (right to buy) $2.97 2016-10-03 Common stock (800000) 800000 Direct

Footnotes

F1: Stock options granted pursuant to Amended and Restated Directors' Plan which can be exercised at $5.13 per share. 25% of which vest annually on June 6 2007, 2008, 2009 and 2010.

F2: Stock options granted pursuant to the 2004 Employee Plan at $2.97 per share. One-third vest at grant date, one-third on 10/03/07 and one-third on 10/03/08.

F3: Grant of restricted common stock shares which vest 100% one year from the date of grant.