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RYDER SYSTEM INC Director's Dealing 2010

Feb 13, 2010

30770_dirs_2010-02-12_180b5e32-3807-4f6d-b0cd-9ac7374a1816.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: 2010-02-10

Reporting Person: WILLIFORD JOHN H (President, Global Supply Chain)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-02-10 Common Stock A 3000 $0.00 Acquired 14050 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-02-10 Stock Option (right to buy) $32.985 A 36545 Acquired 2017-02-10 Common Stock (36545) Direct
2009-02-10 Performance-Based Restricted Stock Rights $0.00 A 7695 Acquired Common Stock (7695) Direct

Footnotes

F1: Represents time-based restricted stock rights granted to the reporting person by the Company. The restricted stock rights vest in three equal installments on February 10, 2011, February 10, 2012 and February 10, 2013.

F2: The stock options vest in three equal installments on February 10, 2011, February 10, 2012 and February 10, 2013.

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, 2012. Performance-based restricted stock rights that do not vest will be cancelled.