SEC Form 4 · accession 0001209191-15-025782
Ruths Hospitality Group, Inc. · RUTH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin W Toomy
Officer — See Remarks
Period of report
Mar 10, 2015
Accepted (ET)
Mar 12, 2015 · 7:16 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001324272
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 10, 2015 | S | 27,500 | $15.12 | D | 79,080 | D | |
| Common Stock | Mar 11, 2015 | M | 15,000 | $2.32 | A | 94,080 | D | |
| Common Stock | Mar 11, 2015 | M | 20,000 | $4.71 | A | 114,080 | D | |
| Common StockF2 | Mar 11, 2015 | F | 475 | $15.09 | D | 113,605 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee stock option (right to buy)F3 | $2.32 | Mar 11, 2015 | M | 15,000 | D | — | Oct 30, 2018 | Common Stock | 15,000 | 35,000 | D |
| Employee stock option (right to buy)F4 | $4.71 | Mar 11, 2015 | M | 20,000 | D | — | Sep 8, 2018 | Common Stock | 20,000 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.04 to $15.29 inclusive. The reporting person undertakes to provide to Ruth's Hospitality Group, Inc., any security holder of Ruth's Hospitality Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1) to this Form 4.
- F2The reported disposition represents the withholding of shares to cover tax obligations arising from the vesting of restricted stock.
- F3The option, representing a right to purchase a total of 100,000 shares, became exercisable in five equal annual installments beginning on October 30, 2009, which was the first anniversary of the date on which the option was granted.
- F4The option became exercisable in five equal annual installments beginning on September 8, 2009, which was the first anniversary of the date on which the option was granted.
Remarks
P & COO - Ruth's Chris Steak Hse