STURM RUGER & CO INC — Director's Dealing 2011

Aug 5, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STURM RUGER & CO INC (RGR)
CIK: 0000095029
Period of Report: 2011-08-05

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-08-05	Common Stock	M	40000	$13.39	Acquired	126271	Indirect
2011-08-05	Common Stock	F	28463	$27.18	Disposed	97808	Indirect
2011-08-05	Common Stock	M	7500	$13.39	Acquired	105308	Indirect
2011-08-05	Common Stock	F	5337	$27.18	Disposed	99971	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-08-05	Common Stock Option	$13.39	M	40000	Disposed	2017-04-24	Common Stock (40000)	Direct
2011-08-05	Employee Stock Option (Right to Buy)	$13.39	M	7500	Disposed	2017-04-24	Common Stock (7500)	Direct

Footnotes

F1: Represents cashless exercise of vested stock options.

F2: Includes 13,700 shares held directly by Mr. Maynard, 57,000 shares held by Mr. Maynard's spouse, and the remainder held jointly with Mr. Maynard's spouse.

F3: 1. The options are exercisable in five annual installments of 10,000 shares each. The first four installments became exercisable on April 24, 2008,April 24, 2009, April 24, 2010, and April 24, 2011 respectively, and the remaining installment becomes exercisable on April 24, 2012.