LANDSTAR SYSTEM INC — Director's Dealing 2013

Jan 4, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANDSTAR SYSTEM INC (LSTR)
CIK: 0000853816
Period of Report: 2013-01-02

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-01-02	Common Stock	M	130928	$41.57	Acquired	235379	Direct
2013-01-02	Common Stock	M	30791	$39.32	Acquired	266170	Direct
2013-01-02	Common Stock	F	140458	$53.26	Disposed	125712	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-01-02	Stock Options (Right to Buy)	$41.57	M	130928	Disposed	2018-01-02	Common Stock (130928)	Direct
2013-01-02	Stock Options (Right to Buy)	$39.32	M	30791	Disposed	2019-01-02	Common Stock (30791)	Direct

Footnotes

F1: Represents shares withheld to pay the exercise price and tax withholding obligations.