WESTWATER RESOURCES, INC. — Director's Dealing 2013

Jun 6, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: URANIUM RESOURCES INC /DE/ (URRE)
CIK: 0000839470
Period of Report: 2013-06-04

Reporting Person: Jones Christopher Murrel (Director, President and CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-06-04	Restricted Stock Units	$	A	100000	Acquired		Common stock (par value $0.001 per share) (100000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Restricted common stock (par value $0.001 per share)	25000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock option (right to buy)	$2.73	2023-03-12	Common stock (par value $0.001 per share) (55000)	55000	Direct

Footnotes

F1: On March 12, 2013, Mr. Jones was granted 25,000 shares of restricted common stock of the Company. Certain of the shares vest 2,777 on 3/12/2014; 2,778 on 3/12/2015 and 2,778 on 3/12/2106. The remainder of the shares vest 5,555 on 3/12/2014; 5,556 on 3/12/2015 and 5,556 on 3/12/2016 with such vesting being subject to the achievement of annual performance objectives each year.

F2: On March 12, 2013 Mr. Jones was granted a stock option to purchase 55,000 shares of common stock of the Company at a purchase price of $2.73 per share. Certain of the stock options vest 6,111 on 3/12/2014; 6,111 on 3/12/2015 and 6,111 on 3/12/2106. The remainder of the shares vest 12,222 on 3/12/2014; 12,222 on 3/12/2015 and 12,223 on 3/12/2016 with such vesting being subject to the achievement of annual performance objectives each year.

F3: Each restricted stock unit represents a contingent right to receive one share of URRE common stock.

F4: The restricted stock units vest in three installments; 33,333 on January 2, 2014; 33,333 on January 2, 2015 and 33,334 on January 2, 2016. Shares will be delivered to the reporting person following vesting.