Lowney Timothy 4
4 · STURM RUGER & CO INC · Filed Feb 27, 2024
Insider Transaction Report
Form 4
Lowney Timothy
VP of Operations
Transactions
- Exercise/Conversion
Common Stock
2024-02-24$43.13/sh+2,452$105,755→ 7,522 total - Award
Common Stock
2024-02-24+2,036→ 7,106 total - Disposition to Issuer
Common Stock
2024-02-24$43.13/sh−2,452$105,755→ 5,070 total - Exercise/Conversion
Restricted Stock Units
2024-02-24−2,452→ 5,803 totalFrom: 2024-02-24Exp: 2024-02-24→ Common Stock (2,452 underlying) - Tax Payment
Common Stock
2024-02-24$43.13/sh−801$34,547→ 6,305 total
Footnotes (1)
- [F1]On February 24, 2021, the reporting person was granted 2,452 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.