LANDSTAR SYSTEM INC — Director's Dealing 2008

Jun 4, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANDSTAR SYSTEM INC (LSTR)
CIK: 0000853816
Period of Report: 2008-06-02

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-06-02	Common Stock	S	1000	$54.9	Disposed	19508	Direct
2008-06-02	Common Stock	S	1000	$54.92	Disposed	18508	Direct
2008-06-02	Common Stock	S	1000	$55	Disposed	17508	Direct
2008-06-04	Common Stock	M	3000	$13.1075	Acquired	20508	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-06-04	Stock Options (Right to buy)	$13.1075	M	3000	Disposed	2013-02-05	Common Stock (3000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	767	Indirect