Lowney Timothy 4
4 · STURM RUGER & CO INC · Filed Mar 6, 2023
Insider Transaction Report
Form 4
Lowney Timothy
VP of Operations
Transactions
- Exercise/Conversion
Common Stock
2023-03-03$58.06/sh+2,820$163,729→ 7,890 total - Disposition to Issuer
Common Stock
2023-03-03$58.06/sh−2,820$163,729→ 5,070 total - Exercise/Conversion
Restricted Stock Units
2023-03-03−2,820→ 4,796 totalFrom: 2023-03-03Exp: 2023-03-03→ Common Stock (2,820 underlying)
Footnotes (1)
- [F1]On March 3, 2020, the reporting person was granted 2,820 cash-settled restricted stock units pursuant to Rule 16b-3, which vested on the third anniversary of the grant. Each cash-settled restricted stock unit represents the contingent right to receive the fair market value of one share of the issuer's common stock on the date of vesting. Vesting of cash-settled restricted stock units is reported in Table I as a deemed acquisition and disposition of the number of shares of common stock underlying such vested restricted stock units.