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WESTWATER RESOURCES, INC. Director's Dealing 2011

Aug 17, 2011

34414_dirs_2011-08-17_47879731-7302-4a91-9322-3f78dc5464fb.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: 2011-06-07

Reporting Person: ERDAHL LELAND O (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-06-07 Common stock (par valur $0.001) A 33333 Acquired 83708 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-06-07 Stock Option (right to buy) $1.73 A 16667 Acquired 2021-06-07 Common stock (par value $0.001) (16667) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common stock $0.001 par value 205830 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock option (right to buy) $1.16 2014-06-02 Common stock (37500) 37500 Direct
Stock option (right to buy) $1.80 2015-06-01 Common stock (18750) 18750 Direct
Stock option (right to buy) $5.15 2016-06-01 Common stock (25000) 25000 Direct
Stock Option (right to buy) $11.32 2017-07-12 Common Stock (50000) 50000 Direct
Stock Option (right to buy) $4.10 2018-06-04 Common stock (50000) 50000 Direct
Stock Option (right to buy) $1.49 2019-06-03 Common stock (50000) 50000 Direct

Footnotes

F1: Shares held indirectly through Erdahl Family Trust.

F2: Options vest 25% one year from grant date, and 25% per year thereafter.

F3: 33,333 shares of restricted common stock were granted on June 7, 2011 under the Directors Stock Option and Restricted Stock Plan at the 06/07/2011 Annual Stockholders Meeting. Such grant was made in lieu of the 50,000 option grant scheduled for each director at the June 3, 2010 Annual Stockholders Meeting. The restricted shares vest 25% per year on June 7, 2012, 2013, 2014 and 2015.

F4: A stock option right to purchase 16,667 shares of common stock was granted on June 7, 2011 under the Directors Stock Option and Restricted Stock Plan at the 06/07/2011 Annual Stockholders Meeting. Such grant was made in lieu of the 50,000 option grant scheduled for each director at the June 3, 2010 Annual Stockholders Meeting. The restricted shares vest 25% per year on June 7, 2012, 2013, 2014 and 2015.