STURM RUGER & CO INC — Director's Dealing 2008

May 12, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STURM RUGER & CO INC (RGR)
CIK: 0000095029
Period of Report: 2008-05-12

Reporting Person: Maynard Steven M (VP of Lean Business Dev.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-05-12	Common Stock	P	1300	$7.2299	Acquired	56300	Direct
2008-05-12	Common Stock	P	700	$7.2399	Acquired	57000	Direct
2008-05-12	Common Stock	P	3000	$7.2356	Acquired	60000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Stock Option	$13.39	2017-04-24	Common (50000)	50000	Direct

Footnotes

F1: 1. The options are exercisable in five annual installments of 10,000 shares each. The first became exercisable on April 24, 2008, and the remaining four become exercisable on April 24, 2009, April 24, 2010, April 24, 2011 and April 24, 2012.