LANDSTAR SYSTEM INC — Director's Dealing 2017

Feb 16, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANDSTAR SYSTEM INC (LSTR)
CIK: 0000853816
Period of Report: 2017-02-14

Reporting Person: Beacom Joseph J (VP, CSO, COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-14	Common Stock	S	2463	$87.00	Disposed	35517	Direct
2017-02-14	Common Stock	M	2400	$37.07	Acquired	37917	Direct
2017-02-14	Common Stock	M	2655	$41.80	Acquired	40572	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-02-14	Stock Options (Right to Buy)	$37.07	M	2400	Disposed	2020-01-29	Common Stock (2400)	Direct
2017-02-14	Stock Options (Right to Buy)	$41.80	M	2655	Disposed	2021-02-03	Common Stock (2655)	Direct

Footnotes

F1: The price reported is the weighted average sales price for the transactions reported. The prices received ranged from $86.55 to $87.3001. 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: Options became exercisable as to 263 shares on 02/03/2015 and 2,392 shares on 02/03/2016.