Filing Details

Accession Number:
0001209191-22-013919
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-03-01 15:00:27
Reporting Period:
2022-02-25
Accepted Time:
2022-03-01 15:00:27
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1324272 Ruths Hospitality Group Inc. RUTH Retail-Eating Places (5812) 721060618
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1731628 Susan Mirdamadi 1030 W. Canton Ave.
Suite 100
Winter Park FL 32789
Evp, Chief Admin Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2022-02-25 15,000 $24.00 102,359 No 4 S Direct
Common Stock Acquisiton 2022-02-28 6,852 $0.00 109,211 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 A Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Performance Share Units Acquisiton 2022-02-28 6,852 $0.00 6,582 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
6,852 No 4 A Direct
Footnotes
  1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 11, 2021.
  2. Consists of shares of restricted stock, granted pursuant to the Company's 2018 Omnibus Incentive Plan, which vest 40% on March 13, 2023, 40% on March 13, 2024, and 20% on March 13, 2025.
  3. Each Performance Share Unit (PSU) represents the right to receive, following vesting, between 0% and 200% of one share of RUTH common stock. The number of PSUs reported assumes target performance. The number of shares of RUTH stock acquired upon vesting of the PSUs is contingent upon the achievement of pre-established performance metrics, as approved by the Company's Compensation Committee, over a three year performance period beginning with the first day of the fiscal year of the grant date and ending on the last day of the fiscal year of the second anniversary of the grant date.
  4. Unless earlier forfeited under the terms of the PSU, each PSU vests and converts into no more than 200% of one share of RUTH common stock on March 13, 2025.