STURM RUGER & CO INC — Director's Dealing 2009

May 1, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STURM RUGER & CO INC (RGR)
CIK: 0000095029
Period of Report: 2009-04-28

Reporting Person: DINEEN THOMAS ANTHONY (Treasurer and CFO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-04-28	Employee Stock Option (Right to Buy)	$13.39	A	15000	Acquired	2017-04-24	Common Stock (15000)	Direct
2009-04-28	Employee Stock Option (Right to Buy)	$8.23	A	15000	Acquired	2018-04-28	Common Stock (15000)	Direct

Footnotes

F1: Upon release of the Company's First Quarter 2009 Earnings, vesting conditions for performance-based options awarded 4/24/2007 were met and became reportable for Section 16 purposes. These options are exercisable one year after vesting conditions were met.

F2: Upon release of the Company's First Quarter 2009 Earnings, vesting conditions for performance-based options awarded 4/28/08 were met and became reportable for Section 16 purposes. These options are exercisable immediately upon vesting.