STURM RUGER & CO INC — Director's Dealing 2007

Aug 1, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STURM RUGER & CO INC (RGR)
CIK: 0000095029
Period of Report: 2007-07-31

Reporting Person: GASPER LESLIE MARTIN (Corporate Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-07-31	Common Stock	M	50000	$11.9375	Acquired	50677	Direct
2007-07-31	Common Stock	F	37827	$20.435	Disposed	12850	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-07-31	Employee Stock Option (Right to Buy)	$11.9375	M	50000	Disposed	2008-12-31	Common Stock (50000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	25	Indirect

Footnotes

F1: Ms. Gasper disclaims ownership of shares not held in her name, except to the extent of her pecuniary interest therein.