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LANDSTAR SYSTEM INC — Director's Dealing 2010
Apr 21, 2010
31139_dirs_2010-04-21_82763e10-5a5a-4fc9-a515-5dad675fbb30.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: 2010-04-19
Reporting Person: GERKENS HENRY H (Director, Chairman,President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-04-19 | Common Stock | S | 200 | $44.26 | Disposed | 107274 | Direct |
| 2010-04-19 | Common Stock | S | 400 | $44.25 | Disposed | 106874 | Direct |
| 2010-04-19 | Common Stock | S | 800 | $44.24 | Disposed | 106074 | Direct |
| 2010-04-19 | Common Stock | S | 400 | $44.22 | Disposed | 105674 | Direct |
| 2010-04-19 | Common Stock | S | 400 | $44.21 | Disposed | 105274 | Direct |
| 2010-04-19 | Common Stock | S | 400 | $44.20 | Disposed | 104874 | Direct |
| 2010-04-19 | Common Stock | S | 100 | $44.19 | Disposed | 104774 | Direct |
| 2010-04-19 | Common Stock | S | 200 | $44.18 | Disposed | 104574 | Direct |
| 2010-04-19 | Common Stock | S | 200 | $44.15 | Disposed | 104374 | Direct |
| 2010-04-19 | Common Stock | S | 568 | $44.14 | Disposed | 103806 | Direct |
| 2010-04-19 | Common Stock | S | 460 | $44.13 | Disposed | 103346 | Direct |
| 2010-04-19 | Common Stock | S | 1130 | $44.12 | Disposed | 102216 | Direct |
| 2010-04-19 | Common Stock | S | 1942 | $44.11 | Disposed | 100274 | Direct |
| 2010-04-19 | Common Stock | S | 400 | $44.10 | Disposed | 99874 | Direct |
| 2010-04-19 | Common Stock | S | 999 | $44.09 | Disposed | 98875 | Direct |
| 2010-04-19 | Common Stock | S | 1962 | $44.08 | Disposed | 96913 | Direct |
| 2010-04-19 | Common Stock | S | 11038 | $44.07 | Disposed | 85875 | Direct |
| 2010-04-19 | Common Stock | S | 3401 | $44.06 | Disposed | 82474 | Direct |
| 2010-04-19 | Common Stock | S | 2500 | $44.05 | Disposed | 79974 | Direct |
| 2010-04-19 | Common Stock | S | 2482 | $44.04 | Disposed | 77492 | Direct |
| 2010-04-19 | Common Stock | S | 3518 | $44.03 | Disposed | 73974 | Direct |
| 2010-04-19 | Common Stock | S | 3009 | $44.02 | Disposed | 70965 | Direct |
| 2010-04-19 | Common Stock | S | 5900 | $44.01 | Disposed | 65065 | Direct |
| 2010-04-19 | Common Stock | S | 15991 | $44.00 | Disposed | 49074 | Direct |
| 2010-04-19 | Common Stock | M | 51667 | $37.3088 | Acquired | 100741 | Direct |
| 2010-04-19 | Common Stock | F | 45364 | $44.7275 | Disposed | 55377 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-04-19 | Stock Options (Right to Buy) | $37.3088 | M | 51667 | Disposed | 2015-01-03 | Common Stock (51667) | Direct |
Footnotes
F1: Represents shares withheld to pay the exercise price and tax withholding obligations.
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