STURM RUGER & CO INC — Director's Dealing 2011

Aug 26, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STURM RUGER & CO INC (RGR)
CIK: 0000095029
Period of Report: 2011-08-26

Reporting Person: Sullivan Thomas Patrick (VP of Newport Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-08-26	Common Stock	M	40000	$6.85	Acquired	75826	Direct
2011-08-26	Common Stock	F	20157	$31.22	Disposed	55669	Direct
2011-08-26	Common Stock	M	15000	$13.39	Acquired	70669	Direct
2011-08-26	Common Stock	F	9556	$31.22	Disposed	61113	Direct
2011-08-26	Common Stock	M	15000	$8.23	Acquired	76113	Direct
2011-08-26	Common Stock	F	7981	$31.22	Disposed	68132	Direct
2011-08-26	Common Stock	M	5864	$8.69	Acquired	73996	Direct
2011-08-26	Common Stock	F	3175	$31.22	Disposed	70821	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-08-26	Employee Stock Option (Right to Buy)	$6.85	M	40000	Disposed	2016-08-14	Common Stock (40000)	Direct
2011-08-26	Employee Stock Option (Right to Buy)	$13.39	M	15000	Disposed	2017-04-24	Common Stock (15000)	Direct
2011-08-26	Employee Stock Option (Right to Buy)	$8.23	M	15000	Disposed	2018-04-28	Common Stock (15000)	Direct
2011-08-26	Employee Stock Option (Right to Buy)	$8.69	M	5864	Disposed	2019-03-02	Common Stock (5864)	Direct

Footnotes

F1: Represents cashless exercise of vested stock options.

F2: The options were exercisable in five installments of 20,000 shares each. The annual installments became exercisable on August 14, 2007, August 14, 2008, August 14, 2009, August 14, 2010 and August 14, 2011, respectively. Mr. Sullivan has now exercised all options from this award.