WESTWATER RESOURCES, INC. — Director's Dealing 2010

Dec 27, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: URANIUM RESOURCES INC /DE/ (URRE)
CIK: 0000839470
Period of Report: 2010-12-22

Reporting Person: Lueras Mathew F (V.P.-Corporate Development)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-12-22	Stock option (right to buy)	$3.29	A	20000	Acquired	2020-12-22	Common stock (20000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common stock par value $0.001 (Unrestricted shares)	2400	Direct
Common stock par value $0.001 (Restricted shares)	6000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock option (right to buy)	$0.79	2020-04-01	Common stock (20000)	20000	Direct

Footnotes

F1: 10,000 restricted shares granted 03/06/2008. Shares vest ratably 20% per year on March 6, 2009 through March 6, 2013.

F2: Stock options granted 4/1/2010 pursuant to the 2004 Employee Incentive Plan which can be exercised at $0.73 per share. Options vest ratably 1/3 per year on 4/1/2011, 4/1/2012 and 4/1/2013.

F3: Stock options granted 12/22/2010 pursuant to the 2004 Employee Incentive Plan which can be exercised at $3.29 per share. Options vest 100% on 12/22/2011.