Stephen M. King - 24 Mar 2023 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: 24 Mar 2023
Transactions value $: $0
Form type: 4
Date filed: 28 Mar 2023, 15:30
Previous filing: 03 Mar 2023
Next filing: 14 Jun 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RUTH	Common Stock	Award		+263	+0.87%		30.5K	24 Mar 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On March 24, 2023, the Company paid a dividend of $0.16 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

On March 24, 2023, the Company paid a dividend of $0.16 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.