AI assistant
RYDER SYSTEM INC — Director's Dealing 2009
Feb 11, 2009
30770_dirs_2009-02-11_61b6e803-a42e-41ed-8322-16ee97068c3d.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: RYDER SYSTEM INC (R)
CIK: 0000085961
Period of Report: 2009-02-06
Reporting Person: SWIENTON GREGORY T (Director, Chairman & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2009-02-06 | Common Stock | M | 20000 | $0.00 | Acquired | 95798 | Direct |
| 2009-02-06 | Common Stock | F | 5346 | $32.71 | Disposed | 90452 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2009-02-06 | Stock Option (right to buy) | $32.71 | A | 163390 | Acquired | 2016-02-06 | Common Stock (163390) | Direct |
| 2009-02-06 | Performance-Based Restricted Stock Rights | $0.00 | A | 35900 | Acquired | Common Stock (35900) | Direct | |
| 2009-02-06 | Performance-Based Restricted Stock Rights | $0.00 | M | 20000 | Disposed | Common Stock (20000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3938 | Indirect |
Footnotes
F1: Represents shares of common stock acquired by the reporting person through the vesting of performance-based restricted stock rights granted on February 13, 2006.
F2: These performance-based restricted stock rights vested upon approval of the Board of Directors on February 6, 2009 based on the Company achieving a financial performance goal for the three-year period ending December 31, 2008.
F3: Includes 29 shares of common stock acquired by the reporting person under the Company's dividend reinvestment plan since the date of the reporting person's last Section 16 filing.
F4: Represents shares of common stock withheld upon the vesting of the performance-based restricted stock rights issued on February 13, 2006 for the payment of the related tax liability.
F5: The stock options vest in three equal installments on February 6, 2010, February 6, 2011 and February 6, 2012.
F6: 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, 2011. Performance-based restricted stock rights that do not vest will be cancelled.