Director Cryan Terence James covered exercise/tax liability with 97,513 shares, was granted 141,832 shares and converted options into 21,275 shares, increasing direct ownership by 15% to 512,037 units (SEC Form 4)
$WWR
Metal Mining
Basic Materials
| FORM 4 |
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 or Section 30(h) of the Investment Company Act of 1940 |
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| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
| Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
WESTWATER RESOURCES, INC. [ WWR ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 02/28/2025 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 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(1) | 02/28/2025 | F | 29,549 | D | $0.75 | 416,894 | D | |||
| Common Stock(2) | 02/28/2025 | A | 70,916 | A | $0 | 487,810 | D | |||
| Common Stock(1) | 02/28/2025 | F | 29,549 | D | $0.75 | 458,261 | D | |||
| Common Stock(2) | 02/28/2025 | A | 35,458 | A | $0 | 493,719 | D | |||
| Common Stock(1) | 02/28/2025 | F | 14,775 | D | $0.75 | 478,944 | D | |||
| Common Stock(2) | 02/28/2025 | A | 35,458 | A | $0 | 514,402 | D | |||
| Common Stock(1) | 02/28/2025 | F | 14,775 | D | $0.75 | 499,627 | D | |||
| Common Stock(3) | 02/28/2025 | M | 21,275 | A | $0 | 520,902 | D | |||
| Common Stock(1) | 02/28/2025 | F | 8,865 | D | $0.75 | 512,037 | D | |||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 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 (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (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: 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 | ||||||||
| Restricted Stock Units | (4) | 02/28/2025 | M | 21,275 | (4) | (4) | Common Stock | 21,275 | (4) | 42,550 | D | ||||
| Explanation of Responses: |
| 1. Represents the shares of common stock withheld by the Company in satisfaction of the reporting person's tax withholding obligation arising as a result of the partial vesting of the restricted stock unit award granted on May 30, 2024. |
| 2. Represents shares of common stock issued upon the partial vesting of restricted stock units subject to performance based-vesting criteria under the Company's May 30, 2024 grant. |
| 3. Represents shares of common stock issued upon the partial vesting of restricted stock units subject to total stockholder return ("TSR") criteria under the Company's May 30, 2024 grant. |
| 4. Represents restricted stock units that vest one-third based on TSR for the year ended December 31, 2024, one-third based on TSR for the year ended December 31, 2025, and one-third based on TSR for the year ended December 31, 2026, with the number of restricted stock units potentially vesting divided equally among the annual periods. |
| /s/ Terence J. Cryan | 03/04/2025 | |
| ** Signature of Reporting Person | Date | |
| 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). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||