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LANDSTAR SYSTEM INC Director's Dealing 2008

Feb 8, 2008

31139_dirs_2008-02-08_b17e7d91-f905-402b-a85d-4d7fffedf923.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: 2008-02-06

Reporting Person: Handoush Jim M (President - Landstar Global)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-02-06 Common Stock M 4240 $13.1075 Acquired 26600 Direct
2008-02-06 Common Stock M 800 $14.6207 Acquired 27400 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2008-02-06 Stock Options (Right to buy) $13.1075 M 4240 Disposed 2013-02-05 Common Stock (4240) Direct
2008-02-06 Stock Options (Right to buy) $14.6207 M 800 Disposed 2013-01-02 Common Stock (800) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 818 Indirect