LANDSTAR SYSTEM INC — Director's Dealing 2014

Apr 30, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANDSTAR SYSTEM INC (LSTR)
CIK: 0000853816
Period of Report: 2014-04-28

Reporting Person: Kneller Michael K (VP General Counsel & Secy)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-04-28	Common Stock	M	2256	$44.32	Acquired	11327	Direct
2014-04-28	Common Stock	M	7215	$41.57	Acquired	18542	Direct
2014-04-28	Common Stock	M	2543	$39.32	Acquired	21085	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-04-28	Stock Options (Right to Buy)	$44.32	M	2256	Disposed	2017-02-01	Common Stock (2256)	Direct
2014-04-28	Stock Options (Right to Buy)	$41.57	M	7215	Disposed	2018-01-02	Common Stock (7215)	Direct
2014-04-28	Stock Options (Right to Buy)	$39.32	M	2543	Disposed	2019-01-02	Common Stock (2543)	Direct

Footnotes

F1: Options became exercisable as to 2,405 shares on each of 01/02/2011, 01/02/2012 and 01/02/2013.