Stephen M. King - Dec 2, 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
Dec 2, 2022
Transactions value $
$0
Form type
4
Date filed
12/5/2022, 02:00 PM
Previous filing
Sep 7, 2022
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUTH RUTH Award +167 +0.7% 24.2K Dec 2, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 2, 2022, the Company paid a dividend of $0.14 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.