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RYDER SYSTEM INC — Director's Dealing 2009
Feb 11, 2009
30770_dirs_2009-02-11_05578232-d33b-4bcf-8d2c-38f04113a778.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: 2009-02-06
Reporting Person: RENEHAN THOMAS S (EVP- FMS Sales & Marketing)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2009-02-06 | Common Stock | M | 3900 | $0.00 | Acquired | 19517 | Direct |
| 2009-02-06 | Common Stock | F | 1182 | $32.71 | Disposed | 18335 | 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 | 15830 | Acquired | 2016-02-06 | Common Stock (15830) | Direct |
| 2009-02-06 | Performance-Based Restricted Stock Rights | $0.00 | A | 3480 | Acquired | Common Stock (3480) | Direct | |
| 2009-02-06 | Performance-Based Restricted Stock Rights | $0.00 | M | 3900 | Disposed | Common Stock (3900) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 6587 | 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 4 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.