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WESTWATER RESOURCES, INC. Director's Dealing 2009

Jul 6, 2009

34414_dirs_2009-07-06_8187df1e-f90d-4d54-8b27-78334b24a20c.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: EHRLICH THOMAS H (Vice President & CFO)

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 11220 $1.27 Acquired 119106 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock $0.001 par value 18 Indirect
Common Stock $0.001 par value 58081 Direct
Common stock par value $0.001 (Restricted Shares) 81251 Direct
Common stock par value $0.001 (Restricted shares) 107886 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock option (right to buy) $0.80 2010-09-27 Common stock (25000) 25000 Direct
Stock option (right to buy) $0.76 2011-02-28 Common stock (13050) 13050 Direct
Stock option (right to buy) $0.80 2011-01-11 Common stock (5468) 5468 Direct
Stock option (right to buy) $0.624 2011-01-11 Common stock (6348) 6348 Direct
Stock option (right to buy) $0.80 2011-01-11 Common stock (91081) 91081 Direct
Stock option (right to buye) $1.16 2014-06-02 Common stock (375000) 375000 Direct

Footnotes

F1: Indirect ownership as custodian for Sean M Ehrlich.

F2: Stock options available pursuant to deferred compensation plans of the Issuer. Represents deferred compensation in 1999 of $4,375 which can be exercised at $0.80 per share into common stock of the Issuer.

F3: Stock options available pursuant to deferred compensation plans of the Issuer. Represents deferred compensation in 1999 of $3,961.52 which can be exercised at $0.624 per share into common stock of the Issuer.

F4: Stock options available pursuant to deferred compensation plans of the Issuer. Represents deferred compensation for 2000 through 2004 of $72,865.38 which can be exercised at $0.80 per share into common stock of the Issuer.

F5: Stock options granted pursuant to Company's Stock Incentive Plan which can be exercised at $0.29 per share. 258,620 shares vest 06/02/04 and 310,345 shares vest each year on June 2, 2005, 2006, 2007 and 2008.

F6: Grant of restricted common stock shares which vest 100% one year from grant date.