Sec Form 4 Filing - Ireland George Ring @ URANIUM RESOURCES INC /DE/ - 2008-06-04

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Ireland George Ring
2. Issuer Name and Ticker or Trading Symbol
URANIUM RESOURCES INC /DE/ [ URRE]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
535 BOYLSTON STREET
3. Date of Earliest Transaction (MM/DD/YY)
06/04/2008
(Street)
BOSTON, MA02116
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock $0.001 Par Value 5,000 I See footnote ( 1 )
Common Stock $0.001 Par Value 12,680 D
Common stock par value $0.001 1,551,012 I See footnote ( 7 )
Common stock par value $0.001 1,690,989 I See footnote ( 8 )
Common stock par valur $0.001 07/15/2008 A 250 A $ 1 1,691,239 I See footnote ( 9 )
Common stock par value $0.001 07/15/2008 A 25,000 A $ 0.88 1,716,239 I See footnote ( 9 )
Common stock par value $0.001 07/15/2008 A 250 A $ 0.16 1,716,489 I See footnote ( 9 )
Common Stock par value $0.001 07/15/2008 A 75,000 A $ 1.16 1,791,489 I See foonote ( 9 )
Common stock pr value $0.001 07/15/2008 A 18,750 A $ 1.8 1,810,239 I See footnote ( 9 )
Common stock par alue $0.001 07/15/2008 A 115,250 A $ 0.8 1,925,489 I See footnote ( 9 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $ 10 06/05/1999 06/05/2008 Common Stock 250 250 D
Stock Option (right to buy) $ 1 07/15/2008 D 250 06/18/2000 06/18/2009 Common Stock 250 $ 1 0 D
Stock Option (right to buy) $ 0.88 07/15/2008 D 25,000 06/19/2001 06/19/2011 Common Stock 25,000 $ 0.88 0 D
Stock Option (right to buy) $ 0.16 07/15/2008 D 250 ( 3 ) 06/01/2013 Common Stock 250 $ 0.16 0 D
Stock Option (right to buy) $ 1.16 07/15/2008 D 75,000 ( 3 ) 06/02/2014 Common Stock 75,000 $ 1.16 0 D
Stock option (right to buy) $ 1.8 07/15/2008 D 18,750 ( 3 ) 06/01/2015 Common stock 25,000 $ 1.8 6,250 D
Stock option (right to buy) $ 5.15 ( 3 ) 06/01/2016 Common stock 25,000 25,000 D
Stock Option (right to buy) $ 0.8 07/15/2008 D 42,500 ( 2 ) 01/11/2011 Common Stock 42,500 $ 0.8 0 D
Stock Option (right to buy) $ 0.8 07/15/2008 D 20,000 ( 4 ) 01/11/2011 Common Stock 20,000 ( 3 ) $ 0.8 0 D
Stock Option (right to buy) $ 0.8 07/15/2008 D 20,000 ( 5 ) 01/11/2011 Common Stock 20,000 $ 0.8 0 D
Stock Option (right to buy) $ 0.8 07/15/2008 D 32,750 ( 6 ) 01/11/2011 Common Stock 32,750 $ 0.8 0 D
Stock Option (right to Buy) $ 11.32 ( 3 ) 07/12/2018 Common Stock (par value ($0.001) 50,000 50,000 D
Stock option (right to buy) $ 4.1 06/04/2008 A 50,000 ( 3 ) 06/04/2019 Common stock ($0.001 par value) 50,000 $ 4.1 50,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Ireland George Ring
535 BOYLSTON STREET
BOSTON, MA02116
X
Signatures
George R. Ireland 07/17/2008
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Purchase from Elizabeth Ring Mather & William Gwinn Mather Fund by George R. Ireland as Trustee for the foundation. Mr. Ireland disclaims beneficial economic ownership of these shares.
( 2 )Stock options obtainable pursuant to deferred compensation plans of the Issuer. Represents deferred compensation in 2000 and 2001 of $34,000 which can be exercised at $0.80 per share into common stock of the Issuer.
( 3 )Stock option vests over a four-year period beginning one year from the date of grant.
( 4 )Stock options obtainable pursuant to deferred compensation plans of the Issuer. Represents deferred compensation in 2002 of $16,000 which can be exercised at $0.80 per share into common stock of the Issuer.
( 5 )Stock options obtainable pursuant to deferred compensation plans of the Issuer. Represents deferred compensation in 2003 of $16,000 which can be exercised at $0.80 per share into common stock of the Issuer.
( 6 )Stock options obtainable pursuant to deferred compensation plans of the Issuer. Represents deferred compensation for 2004 of $26,200 which can be exercised at $0.80 per share into common stock of the Issuer.
( 7 )1,218,466 and 314,866 shares owned by Geologic Resource Fund Ltd. and Geologic Resource Fund LP, respectively. Mr. Ireland is the managing partner and has an economic interest in each of these funds.
( 8 )139,977 shares purchased for accounts mangaged by GRI Holdings LLC. Mr. Ireland is the sole member of GRI Holdings LLC. Mr. Ireland holds voting and depository authority for these shares.
( 9 )Represents exercise of stock options and conversion of deferred compensation by George R. Ireland on July 10, 2008. After the exercise and conversion Mr. Ireland held direct ownership in 247,180 shares.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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