Michael P. Odonnell - Feb 17, 2022 Form 4 Insider Report for Ruths Hospitality Group, Inc. (RUTH)

Role
Director
Signature
/s/ Marcy Norwood Lynch, Under Power of Attorney
Stock symbol
RUTH
Transactions as of
Feb 17, 2022
Transactions value $
$0
Form type
4
Date filed
3/1/2022, 02:30 PM
Next filing
Jun 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUTH Common Stock Award +4.59K +0.54% 856K Feb 28, 2022 Direct F1
transaction RUTH Common Stock Award +27 +0% 857K Feb 17, 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of shares of restricted stock units, granted pursuant to the Company's 2018 Omnibus Incentive Plan, which vest on March 13, 2023, March 13, 2024 and March 13, 2025.
F2 On February 17, 2022, the Company paid a dividend of $0.12 per share of common stock, and upon such payment the Company awarded a number of deferred stock units on the reporting person's existing award of deferred restricted stock units having a value equal to the amount of the per share dividend multiplied by the number of deferred stock units held by such person. Each such deferred stock unit represents a contingent right to receive one share of common stock, subject to settlement on the same terms as the respective underlying deferred restricted stock units.