SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
DICKSON R STUART
(Last) (First) (Middle)
301 SOUTH TRYON ST., SUITE 1800
(Street)
CHARLOTTE NC 28202
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
RUDDICK CORP [ RDK ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/20/2004
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/18/2003 G 605 D $0 1,681,871 I by Dickson Found'n
Common Stock 11/19/2003 G 599 D $0 1,681,272 I by Dickson Found'n
Common Stock 12/02/2003 G 1,182 D $0 1,680,090 I by Dickson Found'n
Common Stock 12/03/2003 G 590 D $0 1,679,500 I by Dickson Found'n
Common Stock 12/04/2003 G 592 D $0 1,678,908 I by Dickson Found'n
Common Stock 12/08/2003 G 600 D $0 1,678,308 I by Dickson Found'n
Common Stock 12/10/2003 G 307 D $0 1,678,001 I by Dickson Found'n
Common Stock 12/10/2003 G 307 D $0 1,677,694 I by Dickson Found'n
Common Stock 12/18/2003 G 2,890 D $0 1,674,804 I by Dickson Found'n
Common Stock 12/29/2003 G 2,770 D $0 1,672,034 I by Dickson Found'n
Common Stock 12/30/2003 G 2,768 D $0 1,669,266 I by Dickson Found'n
Common Stock 12/31/2003 G 2,725 D $0 1,666,541 I by Dickson Found'n
Common Stock 12/31/2003 G 558 D $0 1,665,983 I by Dickson Found'n
Common Stock 01/12/2004 G 2,732 D $0 1,663,251 I by Dickson Found'n
Common Stock 01/13/2004 G 2,738 D $0 1,660,513 I by Dickson Found'n
Common Stock 01/20/2004 G 2,689 D $0 1,657,824 I by Dickson Found'n
Common Stock 01/21/2004 G 2,698 D $0 1,655,126 I by Dickson Found'n
Common Stock 01/22/2004 G 2,700 D $0 1,652,426 I by Dickson Found'n
Common Stock 01/23/2004 G 2,700 D $0 1,649,726 I by Dickson Found'n
Common Stock 01/27/2004 G 2,617 D $0 1,647,109 I by Dickson Found'n
Common Stock 01/28/2004 G 2,590 D $0 1,644,519 I by Dickson Found'n
Common Stock 01/30/2004 G 3,940 D $0 1,640,579 I by Dickson Found'n
Common Stock 02/03/2004 G 3,315 D $0 1,637,264 I by Dickson Found'n
Common Stock 02/06/2004 G 3,144 D $0 1,634,120 I by Dickson Found'n
Common Stock 02/09/2004 G 2,575 D $0 1,631,545 I by Dickson Found'n
Common Stock 02/12/2004 G 2,494 D $0 1,629,051 I by Dickson Found'n
Common Stock 02/12/2004 G 2,506 D $0 1,626,545 I by Dickson Found'n
Common Stock 02/20/2004 G 2,525 D $0 1,624,020 I by Dickson Found'n
Common Stock 02/20/2004(1) S 2,478 D $19.915 1,621,542 I by Dickson Found'n
Common Stock 956,132 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. In February 2004 an unintended duplicate gift of stock indirectly beneficially owned by the Reporting Person, in the name of The Dickson Foundation, was made by the Foundation's funds manager and administrator, U.S. Trust Company, N.A. ("U.S. Trust"), to a charitable organization toward an outstanding pledge. When the error was discovered by U.S. Trust, the stock had already been sold. The proceeds of the sale were then remitted back to The Dickson Foundation and used to fund cash contributions to other intended donees. The Reporting Person was not notified by U.S. Trust of the error until May 2004.
Remarks:
The securities indicating direct beneficial ownership by the Reporting Person include 80 shares (less fractional interests) of Common Stock acquired in non-reportable transactions under the Ruddick Corporation Dividend Reinvestment and Stock Purchase Plan since the Reporting Person's last report. The Reporting Person disclaims beneficial ownership of the shares indicating indirect beneficial ownership "by Dickson Found'n", and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares for purposes of Section 16 or for any other reason. These shares are owned by The Dickson Foundation, Inc., a charitable foundation. The Reporting Person disclaims beneficial ownership of the shares indicating indirect beneficial ownership "by Spouse", and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares for purposes of Section 16 or for any other reason. Non-Qualified Stock Options expire the earlier of the stated Expiration Date or 90 days after the Reporting Person ceases to be a Director of the Corporation.
By: Douglas J. Yacenda For: R. Stuart Dickson 05/24/2004
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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