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LANDSTAR SYSTEM INC Director's Dealing 2007

Apr 30, 2007

31139_dirs_2007-04-30_36f67ebb-ffd9-4d33-90f6-b7b29ee42534.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANDSTAR SYSTEM INC (LSTR)
CIK: 0000853816
Period of Report: 2007-04-26

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-04-26	Common Stock	M	1064	$13.1075	Acquired	17772	Direct
2007-04-26	Common Stock	M	3200	$14.6207	Acquired	20972	Direct
2007-04-26	Common Stock	S	337	$50.1	Disposed	20635	Direct
2007-04-26	Common Stock	S	264	$50.15	Disposed	20371	Direct
2007-04-26	Common Stock	S	800	$50.16	Disposed	19571	Direct
2007-04-26	Common Stock	S	563	$50.24	Disposed	19008	Direct
2007-04-26	Common Stock	S	1100	$50.25	Disposed	17908	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-04-26	Stock Options (Right to buy)	$13.1075	M	1064	Disposed	2013-02-05	Common Stock (1064)	Direct
2007-04-26	Stock Options (Right to buy)	$14.6207	M	3200	Disposed	2013-01-02	Common Stock (3200)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	767	Indirect