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STURM RUGER & CO INC — Director's Dealing 2012
Feb 29, 2012
32545_dirs_2012-02-29_f6124a53-ef03-4258-a6e4-f4f698708fa4.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: STURM RUGER & CO INC (RGR)
CIK: 0000095029
Period of Report: 2012-02-28
Reporting Person: Sullivan Thomas Patrick (VP of Newport Operations)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-02-28 | Common Stock (Right to Buy) | $ | A | 5131 | Acquired | 2021-11-08 | Common Stock (5131) | 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.