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STURM RUGER & CO INC — Director's Dealing 2012
Feb 29, 2012
32545_dirs_2012-02-29_15830ea3-e759-40e6-9e48-cac2c1cf909a.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: STURM RUGER & CO INC (RGR)
CIK: 0000095029
Period of Report: 2012-02-28
Reporting Person: GASPER LESLIE MARTIN (Corporate Secretary)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-02-28 | Common Stock (Right to Buy) | $ | A | 1437 | Acquired | 2021-11-08 | Common Stock (1437) | Direct |
Footnotes
F1: Restricted Stock Units subject to performance-based, time-based and other conditions of the award.
F2: Securities convert to Common Stock on a one-to-one basis on the date vested in accordance with the terms of the award.
F3: On February 28, 2012, four business days following the release of the Company's 2011 earnings, the performance-based vesting conditions for RSUs awarded in four quarterly tranches in 2011 were determined to have been met. The awards remain subject to a three-year time-based cliff vesting trigger which will be satisfied on March 1, 2014. The quarterly awards expire not later than ten years from their date of grant.
F4: To reflect the correct number of RSUs shown in the reported transaction as 1,437 rather than 1,537, and the correct number of total derivatives beneficially owned as 2,808 rather than 2,908, (a difference of 100 RSUs) in the Form 4 filed on 2/29/12