STURM RUGER & CO INC — Director's Dealing 2011

Dec 9, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STURM RUGER & CO INC (RGR)
CIK: 0000095029
Period of Report: 2011-12-07

Reporting Person: FIFER MICHAEL O (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-12-07	Common Stock	M	80000	$7.32	Acquired	294975	Indirect
2011-12-07	Common Stock	F	44970	$31.86	Disposed	250005	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-12-07	Employee Stock Option (Right to Buy)	$7.32	M	80000	Disposed	2016-09-25	Common Stock (80000)	Direct

Footnotes

F1: Represents cashless exercise of vested stock options.

F2: The options became vested and exercisable in five equal installments of 80,000 shares each as of each anniversary of the award. The fifth and final installment became vested and exercisable on September 25, 2011.