LANDSTAR SYSTEM INC — Director's Dealing 2006

Jun 12, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANDSTAR SYSTEM INC (LSTR)
CIK: 0000853816
Period of Report: 2006-06-08

Reporting Person: Thomas Larry S (Vice President - CIO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-06-08	Common Stock	M	6400	$8.5323	Acquired	28108	Direct
2006-06-08	Common Stock	S	6400	$43.5	Disposed	21708	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-06-08	Stock Options (Right to buy)	$8.5323	M	6400	Disposed	2011-05-02	Common Stock (6400)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	767	Indirect