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RYDER SYSTEM INC Director's Dealing 2003

Oct 7, 2003

30770_dirs_2003-10-07_650b3457-226e-4f95-bdb8-1be0982b5e19.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RYDER SYSTEM INC (R)
CIK: 0000085961
Period of Report: 2003-10-03

Reporting Person: SANCHEZ ROBERT E (Senior Vice President & CIO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2003-10-03 Common Stock F 264 $30.68 Disposed 5086 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 1838 Indirect
Common Stock 2162 Indirect

Footnotes

F1: Represents shares of common stock owned by the reporting person and delivered to the Company as payment for the tax liability incurred by the reporting person upon the vesting of restricted stock units.