Giannella Alvarez - 02 Dec 2022 Form 4 Insider Report for Ruths Hospitality Group, Inc. (RUTH)

Role
Director
Signature
/s/ Marcy Norwood Lynch, under Power of Attorney
Issuer symbol
RUTH
Transactions as of
02 Dec 2022
Transactions value $
$0
Form type
4
Filing time
05 Dec 2022, 14:00:22
Previous filing
07 Sep 2022
Next filing
03 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUTH RUTH Award +86 +0.25% 34.5K 02 Dec 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.