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WESTWATER RESOURCES, INC. Director's Dealing 2012

Apr 3, 2012

34414_dirs_2012-04-03_9d63b83e-b9a9-4c8b-9011-d2792b2277b9.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: 2012-03-30

Reporting Person: Lueras Mathew F (V.P.-Corporate Development)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-03-30 Common stock par value $0.001 per share A 9450 $0.91 Acquired 17850 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common stock par value $0.001 per share 8400 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock option (right to buy) $0.79 2020-04-01 Common stock (20000) 20000 Direct
Stock option (right to buy) $3.29 2020-12-22 Common stock (20000) 20000 Direct

Footnotes

F1: Includes 2,000 restricted shares granted 03/06/2008. These shares vest on March 6, 2013.

F2: Stock options granted 4/1/2010 pursuant to the 2004 Employee Incentive Plan which can be exercised at $0.73 per share. Options vest ratably 1/3 per year on 4/1/2011, 4/1/2012 and 4/1/2013.

F3: Stock options granted 12/22/2010 pursuant to the 2004 Employee Incentive Plan which can be exercised at $3.29 per share. Options vested 100% on 12/22/2011.

F4: Grant of restricted common shares pursuant to the Company's Long Term Incentive Plan. 100% of such shares vest on the third anniversary date of the grant (03/30/2015).