Sullivan Thomas Patrick 4
4 · STURM RUGER & CO INC · Filed Feb 27, 2024
Insider Transaction Report
Form 4
Sullivan Thomas Patrick
VP of Newport Operations
Transactions
- Exercise/Conversion
Common Stock
2024-02-24$43.13/sh+4,118$177,609→ 23,596 total - Disposition to Issuer
Common Stock
2024-02-24$43.13/sh−4,118$177,609→ 19,478 total - Award
Common Stock
2024-02-24+3,418→ 22,896 total - Tax Payment
Common Stock
2024-02-24$43.13/sh−1,345$58,010→ 21,551 total - Exercise/Conversion
Restricted Stock Units
2024-02-24−4,118→ 9,610 totalFrom: 2024-02-24Exp: 2024-02-24→ Common Stock (4,118 underlying)
Footnotes (1)
- [F1]On February 24, 2021, the reporting person was granted 4,118 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.