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LANDSTAR SYSTEM INC Director's Dealing 2008

Mar 14, 2008

31139_dirs_2008-03-14_d2860e10-b4bf-49df-8df5-c09d0e9ec216.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: 2008-03-12

Reporting Person: Beacom Joseph J (VP, Chief Safety Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-03-12 Common Stock M 2200 $13.1075 Acquired 14760 Direct
2008-03-12 Common Stock M 800 $14.6207 Acquired 15560 Direct
2008-03-12 Common Stock S 1979 $47.28 Disposed 13581 Direct
2008-03-12 Common Stock S 100 $47.29 Disposed 13481 Direct
2008-03-12 Common Stock S 101 $47.57 Disposed 13380 Direct
2008-03-12 Common Stock S 220 $47.71 Disposed 13160 Direct
2008-03-12 Common Stock S 300 $47.73 Disposed 12860 Direct
2008-03-12 Common Stock S 300 $47.75 Disposed 12560 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2008-03-12 Stock Options (Right to buy) $13.1075 M 2200 Disposed 2013-02-05 Common Stock (2200) Direct
2008-03-12 Stock Options (Right to buy) $14.6207 M 800 Disposed 2013-01-02 Common Stock (800) Direct