WESTWATER RESOURCES, INC. — Director's Dealing 2012

Jun 13, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: URANIUM RESOURCES INC /DE/ (URRE)
CIK: 0000839470
Period of Report: 2012-06-04

Reporting Person: Kaiser Marvin K (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-06-04	Common stock (par value $0.001)	A	50000	—	Acquired	143333	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common stock (par value $0.001)	93333	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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
Stock option (right to buy)	$1.73	2021-06-07	Common stock (par value $0.001) (16667)	16667	Direct

Footnotes

F1: Stock options granted under 2004 Directors Plan. Shares vest 25% annually beginning one year from date of grant.

F2: 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 Meeting of Stockholders. 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.

F3: 50,000 shares of restricted common stock were granted on June 4, 2012 under the Directors Stock Option and Restricted Stock Plan at the 06/04/2012 Annual Meeting of Stockholders. Such grant was made in lieu of the 50,000 option grant scheduled for each director at the June 4, 2012 Annual Stockholders Meeting. The restricted shares vest 25% per year on June 4, 2013 2014, 2015 and 2016.