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LANDSTAR SYSTEM INC Director's Dealing 2008

Sep 12, 2008

31139_dirs_2008-09-12_3a38ee7e-3ee4-41a3-9d4c-739d92d83cf7.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: 2008-09-12

Reporting Person: DRUCKER RONALD W (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-09-12 Common Stock M 36000 $7.1114 Acquired 88000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2008-09-12 Stock Options (Right to buy) $7.1114 M 36000 Disposed 2010-05-17 Common Stock (36000) Direct

Footnotes

F1: Options became exercisable in the amount of 12,000 shares on 5/17/2002 and 24,000 shares on 5/17/2003.