LANDSTAR SYSTEM INC — Director's Dealing 2007

Feb 22, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANDSTAR SYSTEM INC (LSTR)
CIK: 0000853816
Period of Report: 2007-02-20

Reporting Person: STANLEY RONALD G (Vice President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-02-20	Common Stock	M	2680	$37.3088	Acquired	24636	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-02-20	Stock Options (Right to buy)	$37.3088	M	2680	Disposed	2015-01-03	Common Stock (2680)	Direct