Stephen M. King - 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
Previous filing: May 7, 2021
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	+24.06%		23.6K	Feb 28, 2022	Direct	F1
transaction	RUTH	Common Stock	Award		+80	+0.34%		23.7K	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.

Content

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.

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.