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WESTWATER RESOURCES, INC. Director's Dealing 2011

Jan 5, 2011

34414_dirs_2011-01-05_0bcdaea9-55cf-4793-8e95-a4d26a5ec532.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: 2010-12-22

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-01-04 Common stock par value $0.001 (21,814 Restricted shares) S 10000 $3.50 Acquired 125689 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock option (right to buy) $0.76 2011-02-28 Common stock (16000) 16000 Direct
Stock option (right to buy) $1.16 2014-06-02 Common stock (375000) 375000 Direct
Stock option (right to buy) $0.80 2011-01-11 Common stock (130000) 130000 Direct
Stock option (right to buy) $3.29 2020-12-22 Common stock (25000) 25000 Direct

Footnotes

F1: Stock options available pursuant to deferred compensation plans of the Issuer. Represents deferred compensation for 2000 through 2004 of $104,000 which can be exersised at $0.80 per share into common stock of the Issuer.

F2: 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.

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

F4: Sale made pursuant to 10b5-1 plan.