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LANDSTAR SYSTEM INC Director's Dealing 2011

Apr 26, 2011

31139_dirs_2011-04-26_68ef7a49-0174-469f-9b89-dc55763e2f00.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: 2011-04-25

Reporting Person: GERKENS HENRY H (Director, Chairman,President & CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-04-25 Common Stock M 2290 $43.66 Acquired 61445 Direct
2011-04-25 Common Stock M 2256 $44.32 Acquired 63701 Direct
2011-04-25 Common Stock M 2405 $41.57 Acquired 66106 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-04-25 Stock Options (Right to Buy) $43.66 M 2290 Disposed 2016-02-02 Common Stock (2290) Direct
2011-04-25 Stock Options (Right to Buy) $44.32 M 2256 Disposed 2017-02-01 Common Stock (2256) Direct
2011-04-25 Stock Options (Right to Buy) $41.57 M 2405 Disposed 2018-01-02 Common Stock (2405) Direct