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STURM RUGER & CO INC — Director's Dealing 2014
Mar 6, 2014
32545_dirs_2014-03-06_dc8d3806-1d49-4fac-9d63-847f47cf0666.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: 2014-03-03
Reporting Person: Lang Mark (Group Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-03-03 | Common Stock | M | 7389 | $63.74 | Acquired | 10906 | Direct |
| 2014-03-03 | Common Stock | F | 3477 | $63.74 | Disposed | 4205 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-03-03 | Common Stock (Right to Buy) | $ | M | 7389 | Disposed | 2021-11-08 | Common Stock (7389) | Direct |
| 2014-03-03 | Common Stock (Right to Buy) | $0 | A | 3181 | Acquired | 2023-03-05 | Common Stock (3181) | Direct |
Footnotes
F1: Conversion of restricted stock units upon achievement of time-based vesting requirements, with payroll taxes related to the conversion paid in shares.
F2: The balance shown reflects the transfer, since the date of Mr. Lang's last ownership report, of 3,224 shares of Common Stock to his former wife pursuant to a domestic relations order. Mr. Lang no longer reports as beneficially owned any Common Stock held by his former wife.
F3: To reflect the correct number of total shares beneficially owned as 4,207 rather than 5,186 in the Form 4 filed on March 6, 2014.
F4: Securities converted to Common Stock on a one-to-one basis on the date vested in accordance with the terms of the award.
F5: Restricted Stock Units subject to performance-based, time-based and other conditions of the award.
F6: Securities convert to Common Stock on a one-to-one basis on the date vested in accordance with the terms of the award.
F7: On March 3, 2014, four business days following the release of the Company's 2013 earnings, the performance-based vesting trigger for the performance-based RSUs awarded in 2013 was determined to have been met, and the awards became reportable for Section 16 purposes. The awards remain subject to a three-year cliff vesting trigger which will be satisfied on March 5, 2016. The awards expire no less than 10 years from their date of grant.