Sec Form 4 Filing - Clark David Nelson @ URANIUM RESOURCES INC /DE/ - 2009-07-01

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
Clark David Nelson
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
X __ Officer (give title below) _____ Other (specify below)
President and CEO
(Last) (First) (Middle)
405 SH 121 BYPASS, BLD A, #110
3. Date of Earliest Transaction (MM/DD/YY)
07/01/2009
(Street)
LEWISVILLE, TX75067
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 par value $0.001 (60,000 shares unrestricted) 154,369 D
Common Stock $0.001 par value (Restricted Shares) 07/01/2009 A 21,259 ( 3 ) A $ 1.27 175,628 D
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) $ 5.13 ( 1 ) 06/16/2016 Common stock 50,000 50,000 D
Stock option (right to buy) $ 2.97 ( 2 ) 10/03/2016 Common stock 800,000 800,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Clark David Nelson
405 SH 121 BYPASS, BLD A, #110
LEWISVILLE, TX75067
X President and CEO
Signatures
David N. Clark 07/06/2009
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Stock options granted pursuant to Amended and Restated Directors' Plan which can be exercised at $5.13 per share. 25% of which vest annually on June 6 2007, 2008, 2009 and 2010.
( 2 )Stock options granted pursuant to the 2004 Employee Plan at $2.97 per share. One-third vest at grant date, one-third on 10/03/07 and one-third on 10/03/08.
( 3 )Grant of restricted common stock shares which vest 100% one year from the date of grant.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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