STURM RUGER & CO INC — Director's Dealing 2011

Mar 24, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STURM RUGER & CO INC (RGR)
CIK: 0000095029
Period of Report: 2011-03-23

Reporting Person: Reid Kevin B. Sr (VP & General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-23	Common Stock	M	26000	$8.23	Acquired	40998	Direct
2011-03-23	Common Stock	F	15080	$21.25	Disposed	25918	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-23	Employee Stock Option (Right to Buy)	$8.23	M	26000	Disposed	2018-04-28	Common Stock (26000)	Direct

Footnotes

F1: Represents cashless exercise of vested stock options.

F2: The options are exercisable in five annual installments of 13,000 shares each. The first becomes exercisable on April 28, 2009, and the remaining four become exercisable on April 28, 2010, April 24, 2011, April 24, 2012 and April 24, 2013.