STURM RUGER & CO INC 4
4 · STURM RUGER & CO INC · Filed Mar 6, 2014
Insider Transaction Report
Form 4
Maynard Steven M
VP of Lean Business Dev.
Transactions
- Exercise/Conversion
Common Stock
2014-03-03$63.74/sh+5,131$327,050→ 10,011 total - Tax Payment
Common Stock
2014-03-03$63.74/sh−2,496$159,095→ 7,515 total - Exercise/Conversion
Common Stock (Right to Buy)
2014-03-03−5,131→ 51,731 totalFrom: 2014-03-01Exp: 2021-11-08→ Common Stock (5,131 underlying) - Award
Common Stock (Right to Buy)
2014-03-03+2,892→ 54,623 totalExercise: $0.00From: 2016-03-05Exp: 2023-03-05→ Common Stock (2,892 underlying)
Footnotes (5)
- [F1]Conversion of restricted stock units upon achievement of time-based vesting requirements, with payroll taxes related to the conversion paid in shares.
- [F2]Securities converted to Common Stock on a one-to-one basis on the date vested in accordance with the terms of the award.
- [F3]Restricted Stock Units subject to performance-based, time-based and other conditions of the award.
- [F4]Securities convert to Common Stock on a one-to-one basis on the date vested in accordance with the terms of the award.
- [F5]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.