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LANDSTAR SYSTEM INC — Director's Dealing 2007
Feb 9, 2007
31139_dirs_2007-02-09_eef00703-6397-4f04-90a1-58fbe39222a7.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: 2007-02-07
Reporting Person: Beacom Joseph J (VP, Chief Safety Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2007-02-07 | Common Stock | S | 200 | $45.29 | Disposed | 6500 | Direct |
| 2007-02-07 | Common Stock | S | 500 | $45.3 | Disposed | 6000 | Direct |
| 2007-02-07 | Common Stock | S | 811 | $45.31 | Disposed | 5189 | Direct |
| 2007-02-07 | Common Stock | S | 200 | $45.32 | Disposed | 4989 | Direct |
| 2007-02-07 | Common Stock | S | 1102 | $45.33 | Disposed | 3887 | Direct |
| 2007-02-07 | Common Stock | S | 915 | $45.34 | Disposed | 2972 | Direct |
| 2007-02-07 | Common Stock | S | 1456 | $45.35 | Disposed | 1516 | Direct |
| 2007-02-07 | Common Stock | S | 516 | $45.36 | Disposed | 1000 | Direct |
| 2007-02-09 | Common Stock | M | 9160 | $13.1075 | Acquired | 10160 | Direct |
| 2007-02-09 | Common Stock | M | 2400 | $14.6207 | Acquired | 12560 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2007-02-09 | Stock Options (Right to buy) | $13.1075 | M | 9160 | Disposed | 2013-02-05 | Common Stock (9160) | Direct |
| 2007-02-09 | Stock Options (Right to buy) | $14.6207 | M | 2400 | Disposed | 2013-01-02 | Common Stock (2400) | Direct |
Footnotes
F1: Options became exercisable as to 4,040 shares on 02/05/2006 and 5,120 shares on 02/05/2007.
F2: Options became exercisable as to 800 shares on 01/02/2005, 800 shares on 01/02/2006 and 800 shares on 01/02/2007.
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