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WESTWATER RESOURCES, INC. Director's Dealing 2011

Feb 28, 2011

34414_dirs_2011-02-28_c9282384-02b2-478a-964e-c09ab3425523.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: 2011-02-25

Reporting Person: VAN HORN RICHARD A (Executive Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-02-25 Common stock par value $0.001 (21,814 Restricted shares) M 16000 $0.76 Acquired 219744 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-02-25 Stock option (right to buy) $0.76 M 16000 Disposed 2011-02-28 Common stock (16000) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock option (right to buy) $1.16 2014-06-02 Common stock (375000) 375000 Direct
Stock option (right to buy) $3.29 2020-12-22 Common stock (25000) 25000 Direct

Footnotes

F1: Stock options granted pursuant to the Company's Stock Incentive Plan which can be exercised at $1.16 per share. 64,656 shares vested on 06/02/04 and 77,586 vested each year on June 2, 2005, 2006, 2007 and 2008.

F2: Stock options granted 12/22/2010 pursuant to the 2004 Employee Incentive Plan which can be exercised at $3.29 per share. All shares vest on 12/22/2011.

F3: Acquisition made pursuant to the exercise and hold of an employee stock option.

F4: Exercise and hold of common shares pursuant to an employee stock option plan.