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WESTWATER RESOURCES, INC. Director's Dealing 2009

Apr 3, 2009

34414_dirs_2009-04-03_a2ca16cf-b15d-4236-bcc8-2ab5c553eb16.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: 2009-04-01

Reporting Person: WILLMOTT PAUL KENNETH (Director, Executive Chairman)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2009-04-01 Common stock par value $0.001 (restricted shares) A 14018 $0.535 Acquired 165670 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common stock $0.001 par value 139457 Direct
Common stock par value $0.001 (Restricted shares) 151652 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock option (right to buy) $0.80 2010-09-27 Common stock (81684) 81684 Direct
Stock option (right to buy) $0.80 2011-01-11 Common stock (81129) 81129 Direct
Stock option (right to buy) $0.624 2011-01-11 Common stock (56089) 56089 Direct
Stock option (right to buy) $0.80 2011-01-11 Common stock (514901) 514901 Direct
Stock option (right to buy) $1.16 2014-06-02 Common stock (382000) 382000 Direct
Stock option (right to buy) $0.29 2014-06-02 Common stock (180500) 180500 Direct

Footnotes

F1: Stock options available pursuant to deferred compensation plans of the Issuer. Represents deferred compensation in 1999 of $64,903.75 which can be exercised at $0.80 per share into common stock of the issuer.

F2: Stock options available pursuant to deferred compensation plans of the Issuer. Represents deferred compensation in 1999 of $35,000.00 which can be exercised at $0.624 per share into common stock of the issuer.

F3: Stock options available pursuant to deferred compensation plans of the Issuer. Represents deferred compensation for 2000 through 2004 of $411,922.07 which can be exercised at $0.80 per share into common stock of the issuer.

F4: Stock options granted pursuant to Company's Stock Incentive Plan which can be exercised at $1.16 per share. 53,879 shares vest 06/02/04 and 82,030 shares vest each year on June 2, 2005, 2006 and 2007 and 82,031 vest June 2, 2008.

F5: Stock options granted pursuant to Companys Stock Option Plan which can be exercised at $1.16 per share. 45,125 shares vest 06/02/04 and 45,125 vest each year on June 2, 2005, 2006 and 2007.

F6: Grant of restricted common stock shares which vest 100% on 04/01/2010.