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WESTWATER RESOURCES, INC. Director's Dealing 2012

Oct 2, 2012

34414_dirs_2012-10-02_7f7edac4-32a8-45f8-b1d3-474abe367fb2.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: 2012-09-28

Reporting Person: cryan terence james (Director, Interim President and CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-09-28 Common Stock Par value $0.001 A 50000 $0.51 Acquired 184333 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-09-28 Stock Option (Right to buy) $0.51 A 200000 Acquired 2022-09-28 Common stock (200000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock Par value $0.001 1000 Indirect
Common Stock Par value $0.001 134333 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (Right to buy) $2.97 2016-10-03 Common stock (50000) 50000 Direct
Stock option (right to buy) $9.25 2017-04-10 Common stock (100000) 100000 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 $0.001 par value (50000) 50000 Direct
Stock option (right to buy) $1.49 2019-06-03 Common stock (50000) 50000 Direct
Stock option (right to buy) $1.73 2021-06-07 Common stock (par value $0.001) (16667) 16667 Direct

Footnotes

F1: Stock options issued under the 2004 Directors Plan. Shares vest 25% per year beginning one year after date or grant.

F2: Stock options granted 04/10/2007 subject to shareholder approval which was received 07/12/07. Shares vest 50% on date of grant 50% on 04/10/2008.

F3: 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 7, 2011 Annual Stockholders Meeting. The stock options vest 25% per year on June 7, 2012 2013, 2014 and 2015.

F4: 50,000 shares of restricted common stock were granted on September 28, 2012 under the Directors Stock Option and Restricted Stock Plan in connection with Mr. Cryan assuming the duties of Interim President and CEO. The restricted shares vest 50% on 9/28/2012 and 50% upon the hire of a permanent President and CEO for the Company.

F5: A stock option right to purchase 200,000 shares of common stock at the price of $0.51 per share was granted on September 28, 2012 in connection with Mr. Cryan assuming the duties of Interim President and CEO. The stock options will vest 25% on 3/28/2013, 25% on 9/28/2013, 25% on 3/28/2014 and 25% on 9/28/2014.