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RYDER SYSTEM INC — Director's Dealing 2007
Feb 14, 2007
30770_dirs_2007-02-13_50adf4dc-b396-481e-9837-603d232d2d57.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: 2007-02-09
Reporting Person: GARCIA ART A (SVP and Controller)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2007-02-10 | Common Stock | F | 97 | $52.24 | Disposed | 6747 | Direct |
| 2007-02-12 | Common Stock | F | 70 | $52.24 | Disposed | 6677 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2007-02-09 | Stock Option (right to buy) | $52.48 | A | 5310 | Acquired | 2014-02-09 | Common Stock (5310) | Direct |
| 2007-02-09 | Performance-Based Restricted Stock Rights | $0.00 | A | 1010 | Acquired | Common Stock (1010) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 219 | Indirect |
| Common Stock | 1673 | Indirect |
Footnotes
F1: Represents shares of common stock withheld upon the vesting of restricted stock units for the payment of the related tax liability.
F2: The stock options vest in three equal installments on February 9, 2008, February 9, 2009 and February 9, 2010.
F3: Each performance-based restricted stock right represents a contingent right to receive one share of Ryder common stock based on the Company achieving a financial performance goal for the three-year performance period ending December 31, 2009. Performance-based restricted stock rights that do not vest will be cancelled.