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RYDER SYSTEM INC Director's Dealing 2004

Jul 23, 2004

30770_dirs_2004-07-23_80e06f36-db60-40f4-99d7-1a538f8d18cd.zip

Director's Dealing

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SEC Form 3/A — Form 3/A

Issuer: RYDER SYSTEM INC (R)
CIK: 0000085961
Period of Report: 2004-05-25

Reporting Person: Fatovic Robert D (Executive Vice President)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 5238 Direct
Common Stock 109 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (right to buy) $27.0313 2009-02-17 Common Stock (5000) Direct
Stock Option (right to buy) $16.7188 2010-10-02 Common Stock (5027) Direct
Stock Option (right to buy) $26.83 2009-02-14 Common Stock (7500) Direct
Stock Option (right to buy) $22.10 2010-02-13 Common Stock (12000) Direct
Stock Option (right to buy) $36.88 2011-02-12 Common Stock (13000) Direct

Footnotes

F1: Includes 1,271 shares of common stock owned by the reporting person through the Ryder System, Inc. Stock Purchase Plan for Employees.

F2: All stock options are currently exerciseable.

F3: 5,000 stock options are currently exerciseable and 2,500 stock options will vest on February 15, 2005.

F4: 4,000 stock options are currently exerciseable and 4,000 stock options will vest on each of February 13, 2005 and February 13, 2006.

F5: The stock options will vest in three equal installments on February 12, 2005, February 12, 2006 and February 12, 2007.