Robert J. Werkmeister Jr - Feb 24, 2024 Form 4 Insider Report for STURM RUGER & CO INC (RGR)

Role: VP of Marketing
Signature: /s/ David J. Muhlenberg, attorney-in-fact
Stock symbol: RGR
Transactions as of: Feb 24, 2024
Transactions value $: -$49,298
Form type: 4
Date filed: 2/27/2024, 11:32 AM
Previous filing: Jun 9, 2023
Next filing: Mar 4, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RGR	Common Stock	Options Exercise	$116K	+2.7K	+35.56%	$43.13	10.3K	Feb 24, 2024	Direct	F1
transaction	RGR	Common Stock	Disposed to Issuer	-$116K	-2.7K	-26.23%	$43.13	7.59K	Feb 24, 2024	Direct	F1
transaction	RGR	Common Stock	Award	$0	+2.24K	+29.51%	$0.00	9.83K	Feb 24, 2024	Direct
transaction	RGR	Common Stock	Tax liability	-$49.3K	-1.14K	-11.63%	$43.13	8.68K	Feb 24, 2024	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	RGR	Restricted Stock Units	Options Exercise		-2.7K	-29.21%		6.54K	Feb 24, 2024	Common Stock	2.7K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On February 24, 2021, the reporting person was granted 2,698 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.

Content

On February 24, 2021, the reporting person was granted 2,698 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.