sc13ga.htm
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


SCHEDULE 13G/A


Under the Securities Exchange Act of 1934

(Amendment No.  4)*

Ruth’s Hospitality Group, Inc.
(Name of Issuer)
 
Comon Stock, no par value
(Title of Class of Securities)
 
783332109
(CUSIP Number)
 
February 14, 2014
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 
o Rule 13d-l(b)
   
 
x Rule 13d-l(c)
   
 
o Rule 13d-l(d)

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 
 
Page 1 of 1 pages
 

 
CUSIP No. 783332109
 
 
   
1. 
Names of Reporting Persons
   
 
MFP Partners, L.P.(1)
 
c/o MFP Investors LLC
 
667 Madison Avenue, 25th Floor
 
New York, NY 10065
   
   
2.
Check the Appropriate Box if a Member of a Group (See Instructions)
 
o (a)
 
o  (b)
   
   
3.
SEC Use Only
   
   
4. 
Citizenship or Place of Organization       Delaware
   
   
 
5.
Sole Voting Power
     
Number of
    
Shares
6.
Shared Voting Power       1,404,200
Beneficially
    
Owned by Each
    
Reporting Person 
7.
Sole Dispositive Power
With:
    
     
 
8. 
Shared Dispositive Power       1,404,200
   
   
9.
Aggregate Amount Beneficially Owned by Each Reporting Person       1,404,200
   
   
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
   
   
11.
Percent of Class Represented by Amount in Row (9)       3.9%
   
   
12.  
Type of Reporting Person (See Instructions)
 
PN
   

(1) MFP Investors LLC is the general partner of MFP Partners, L.P.  Michael F. Price is the managing partner of MFP Partners, L.P. and the managing member and controlling person of MFP Investors LLC.


 
Page 2 of 2 pages
 

 
CUSIP No. 783332109
 
 
   
1.
Names of Reporting Persons
   
 
MFP Investors LLC(1)
 
667 Madison Avenue, 25th Floor
 
New York, NY 10065
   
   
2.
Check the Appropriate Box if a Member of a Group (See Instructions)
 
o  (a)
 
o  (b)
   
   
3.
SEC Use Only
   
   
4. 
Citizenship or Place of Organization       Delaware
   
   
 
5.
Sole Voting Power
     
Number of
    
Shares
6.
Shared Voting Power       1,404,200
Beneficially
    
Owned by Each
    
Reporting Person 
7.
Sole Dispositive Power
With:
    
     
 
8. 
Shared Dispositive Power       1,404,200
   
   
9.
Aggregate Amount Beneficially Owned by Each Reporting Person       1,404,200
 
   
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
   
   
11.
Percent of Class Represented by Amount in Row (9)       3.9%
   
   
12. 
Type of Reporting Person (See Instructions)
 
IA
   

(1) MFP Investors LLC is the general partner of MFP Partners, L.P.  Michael F. Price is the managing partner of MFP Partners, L.P. and managing member and controlling person of MFP Investors LLC.
 

 
Page 3 of 3 pages
 

 
CUSIP No. 783332109
 

   
1.
Names of Reporting Persons
   
 
Michael F. Price(1)
 
c/o MFP Investors LLC
 
667 Madison Avenue, 25th Floor
 
New York, NY 10065
   
   
2.
Check the Appropriate Box if a Member of a Group (See Instructions)
 
o  (a)
 
o  (b)
   
   
3.
SEC Use Only
   
   
4. 
Citizenship or Place of Organization       United States of America
   
   
 
5.
Sole Voting Power
     
Number of
    
Shares
6.
Shared Voting Power       1,404,200
Beneficially
    
Owned by Each
    
Reporting Person 
7.
Sole Dispositive Power
With:
    
     
 
8. 
Shared Dispositive Power       1,404,200
   
   
9.
Aggregate Amount Beneficially Owned by Each Reporting Person       1,404,200
 
   
10. 
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
   
   
11.
Percent of Class Represented by Amount in Row (9)       3.9%
   
   
12. 
Type of Reporting Person (See Instructions)
 
IN
   

(1) MFP Investors LLC is the general partner of MFP Partners, L.P.  Michael F. Price is the managing partner of MFP Partners, L.P. and managing member and controlling person of MFP Investors LLC.


 
Page 4 of 4 pages
 

 
CUSIP No. 783332109
 
 
Item 1.
 
   
(a)
  
Name of Issuer
         
       
Ruth’s Hospitality Group, Inc.
         
   
(b)
  
Address of Issuer's Principal Executive Offices
         
       
500 International Parkway, Suite 100
       
Heathrow, FL 32746
       
USA
         
Item 2.
        
         
   
(a)
  
Name of Person Filing
         
       
MFP Partners, L.P.
       
MFP Investors LLC
       
Michael F. Price
         
   
(b) 
 
Address of Principal Business Office or, if none, Residence
         
       
667 Madison Avenue, 25th Floor
       
New York, NY 10065
         
   
(c)
  
Citizenship
         
       
MFP Partners, L.P. and MFP Investors LLC are each organized under the laws of the state of Delaware.  Michael F. Price is a citizen of the United States of America.
         
   
(d)
  
Title of Class of Securities
         
       
Comon Stock, no par value
         
   
(e) 
 
CUSIP Number
         
       
783332109
         
Item 3.
  
If this statement is filed pursuant to §§240.13d-l(b) or 240.13d-2(b) or (c), check whether the person filing is a:
     
   
Not applicable.
     
Item 4.
  
Ownership.
     
   
MFP Partners, L.P. has the shared power to vote 1,404,200 shares (3.9%) of the common stock of the issuer.  As the general partner of MFP Partners, L.P., MFP Investors LLC is deemed to own 1,404,200 shares (3.9%) of the common stock of the issuer.  As the Managing Member of MFP Investors LLC, Michael F. Price is deemed to have the shared power to vote 1,404,200 shares (3.9%) of the common stock of the issuer.
     
Item 5.
  
Ownership of Five Percent or Less of a Class
     
   
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following x.
     


 
Page 5 of 5 pages
 

 
CUSIP No. 783332109
 
Item 6.
  
Ownership of More than Five Percent on Behalf of Another Person
     
   
MFP Investors LLC manages investments for clients, including MFP Partners, L.P., none of which beneficially owns more than 5% of the shares of common stock.
     
Item 7.
  
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person
     
   
Not applicable.
     
Item 8.
  
Identification and Classification of Members of the Group
     
   
Not applicable.
     
Item 9.
  
Notice of Dissolution of Group
     
   
Not applicable.
     
Item 10.
  
Certification

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §240.14a–11.

SIGNATURE
 
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 
February 14, 2014
 
Date
     
     
 
MFP Partners, L.P.
   
 
/s/ Michael F. Price
 
Signature
     
 
Name:
Michael F. Price
 
Title:
Managing Partner
     
     
 
MFP Investors LLC
   
 
/s/ Michael F. Price
 
Signature
   
 
Name: 
Michael F. Price
 
Title:
Managing Member
     
     
 
MICHAEL F. PRICE
   
 
/s/ Michael F. Price
 
Signature
 
Name: 
Michael F. Price

 
Page 6 of 6 pages
 

 
CUSIP No. 783332109
 
 
EXHIBITS

Exhibit
    
Number 
 
Title
     
1
  
Joint Filing Agreement dated February 10, 2012 among the Reporting Persons



 
 
 
 
 
 
Page 7 of 7 pages