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RYDER SYSTEM INC Director's Dealing 2008

Feb 7, 2008

30770_dirs_2008-02-07_5fe906dc-022f-436e-9540-beed193e49d4.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: 2008-02-05

Reporting Person: MARTIN LYNN M (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-02-05 Common Stock M 1000 $35.0625 Acquired 14494 Direct
2008-02-05 Common Stock S 619 $56.91 Disposed 13875 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2008-02-05 Stock option (right to buy) $35.0625 M 1000 Disposed 2008-04-30 Common Stock (1000) Direct

Footnotes

F1: 334 options vested on May 1, 1999, 333 options vested on May 1, 2000 and 333 options vested on May 1, 2001.