Ruths Hospitality Group, Inc. 4
4 · Ruths Hospitality Group, Inc. · Filed May 11, 2017
Insider Transaction Report
Form 4
Hudson Bannus
Director
Transactions
- Tax Payment
Common Stock
2017-05-10$21.05/sh−2,457$51,721→ 78,513 total - Exercise/Conversion
Employee Stock Option (right to buy)
2017-05-10−3,000→ 0 totalExercise: $17.17Exp: 2017-08-09→ Common Stock (3,000 underlying) - Exercise/Conversion
Common Stock
2017-05-10$17.17/sh+3,000$51,510→ 80,970 total
Footnotes (3)
- [F1]The reported disposition represents the withholding of shares to cover exercise and tax obligations arising from the exercise of the stock option.
- [F2]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.075 to $21.05, inclusive. The reporting person further undertakes to provide upon request by the Commission staff, Ruth's Hospitality Group, Inc., or a security holder of Ruth's Hospitality Group, Inc., full information regarding the number of shares sold at each separate price.
- [F3]The option, representing a right to purchase a total of 3,000 shares, became exercisable in five equal annual installments beginning on August 9, 2008, which was the first anniversary of the date on which the option was granted.