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LANDSTAR SYSTEM INC — Director's Dealing 2014
Oct 29, 2014
31139_dirs_2014-10-29_5fdece1f-800b-4d9a-8c3f-5e11b75440db.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: 2014-10-27
Reporting Person: Gattoni James B (President & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-10-27 | Common Stock | S | 4000 | $73.7883 | Disposed | 43236 | Direct |
| 2014-10-27 | Common Stock | M | 2619 | $38.18 | Acquired | 45855 | Direct |
| 2014-10-27 | Common Stock | M | 31479 | $43.66 | Acquired | 77334 | Direct |
| 2014-10-27 | Common Stock | F | 24059 | $73.51 | Disposed | 53275 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-10-27 | Stock Options (Right to Buy) | $38.18 | M | 2619 | Disposed | 2017-01-02 | Common Stock (2619) | Direct |
| 2014-10-27 | Stock Options (Right to Buy) | $43.66 | M | 31479 | Disposed | 2016-02-02 | Common Stock (31479) | Direct |
Footnotes
F1: The price reported is the weighted average sale price for the transactions reported. The prices received ranged from $73.7301 to $73.85. The reporting person will provide to the issuer, a security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each price within the range.
F2: Represents shares withheld to pay the exercise price and tax withholding obligations.
F3: Options became exercisable as to 4,813 shares on 02/02/07, 13,333 shares on 02/02/08 and 13,333 shares on 02/02/09.