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*
JACKSON FRED A
(Last) (First) (Middle)
C/O RUDDICK CORPORATION
301 S. TRYON STREET
(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive of Subsidiary
3. Date of Earliest Transaction (Month/Day/Year)
08/19/2008
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 08/19/2008 M 270 A $19.9375 48,228 D
Common Stock 08/19/2008 M 16,489 A $15.825 64,717 D
Common Stock 20,526 I By Rrsp(1)
Common Stock 0 I By Esop Trust(1)
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
Non-qualified Stock Option (Right to Buy) $19.9375 08/19/2008 M 270 11/18/1999(2) 11/18/2008 Common Stock 270 $0 0 D
Incentive Stock Option (Right to Buy) $15.825 08/19/2008 M 16,489 11/14/2002(3) 11/14/2008 Common Stock 16,489 $0 0 D
Incentive Stock Option (Right to Buy) $16.88 11/19/2007(4) 11/19/2010 Common Stock 6,000 6,000 D
Incentive Stock Option (Right to Buy) $14.385 11/20/2005(5) 11/20/2009 Common Stock 3,702 3,702 D
Non-qualified Stock Option (Right to Buy) $17.4063 11/17/2000(6) 11/17/2009 Common Stock 1,749 1,749 D
Non-qualified Stock Option (Right to Buy) $16.88 11/19/2004(7) 11/19/2013 Common Stock 9,000 9,000 D
Non-qualified Stock Option (Right to Buy) $15.825 11/14/2002(8) 11/14/2011 Common Stock 8,511 8,511 D
Non-qualified Stock Option (Right to Buy) $11.5 11/15/2001 11/15/2010 Common Stock 1,500 1,500 D
Non-qualified Stock Option (Right to Buy) $14.385 11/20/2003(9) 11/20/2012 Common Stock 6,298 6,298 D
Explanation of Responses:
1. The securities indicating indirect beneficial ownership "by RRSP" include 20,122 shares acquired pursuant to a merger of the Ruddick Employee Stock Ownership Plan ("Esop Trust") into the Ruddick Retirement & Savings Plan (the "Rrsp") on 12/27/08. The total also reflects 199 shares acquired in exempt transaction since the Reporting Person's last report.
2. The Non-Qualified Stock Options indicating a Date Exercisable of 11/18/99 become exercisable in 20% increments annually beginning on the Date Exercisable.
3. The Incentive Stock Options indicating a Date Exercisable of 11/14/02 become exercisable as follows: 555 shrs. on 11/14/02; 2,245 shrs. on 11/14/03; 3,689 shrs. on 11/14/04; and 5,000 shrs. annually on 11/14/05 and 11/14/06.
4. The Incentive Stock Options indicating a Date Exercisable of 11/19/07 become exercisable as follows: 3,000 shares on 11/19/07 and 11/19/08.
5. The Incentive Stock Options indicating a Date Exercisable of 11/20/05 become exercisable as follows: 251 shares on 11/20/05; 1,451 shares on 11/20/06; and 2,000 shares on 11/20/07.
6. The Non-Qualified Stock Options indicating a Date Exercisable of 11/17/00 are exercisable as follows: 1,400 shares exercisable as of 11/17/00 and 349 shares exercisable 11/17/01.
7. The Non-Qualified Stock Options indicating a Date Exercisable of 11/19/04 become exercisable as follows: 3,000 shares annually for each of the 3 years commencing with 11/19/04.
8. The Non-Qualified Stock Options indicating a Date Exercisable of 11/14/02 become exercisable as follows: 4,445 shrs. on 11/14/02; 2,755 shrs. on 11/14/03; and 1,311shrs. on 11/14/04.
9. The Non-Qualified Stock Options indicating a Date Exercisable of 11/20/03 become exercisable as follows: 2,000 shrs. on 11/20/03 and 11/20/04; 1,749 shrs. on 11/20/05; and 549 shrs. on 11/20/06.
/s/ Douglas J. Yacenda, attorney-in-fact for Fred A. Jackson 08/20/2008
** 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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