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RYDER SYSTEM INC — Director's Dealing 2010
Feb 13, 2010
30770_dirs_2010-02-12_e5eccb64-e0bf-46d7-9900-5beef04ca36e.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: Fatovic Robert D (EVP, CLO & Corp. Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-02-10 | Common Stock | M | 3500 | $0.00 | Acquired | 19143 | Direct |
| 2010-02-10 | Common Stock | A | 1825 | $0.00 | Acquired | 20968 | Direct |
| 2010-02-10 | Common Stock | F | 1042 | $32.985 | Disposed | 19926 | 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 | 27220 | Acquired | 2017-02-10 | Common Stock (27220) | Direct |
| 2009-02-10 | Performance-Based Restricted Stock Rights | $0.00 | A | 5730 | Acquired | Common Stock (5730) | Direct | |
| 2010-02-10 | Performance-Based Restricted Stock Rights | $0.00 | M | 3500 | Disposed | Common Stock (3500) | Direct |
Footnotes
F1: Represents shares of common stock acquired by the reporting person through the vesting of performance-based restricted stock rights granted on February 9, 2007.
F2: These performance-based restricted stock rights vested upon approval of the Board of Directors on February 10, 2010 based on the Company achieving a financial performance goal for the three-year period ending December 31, 2009.
F3: Includes 59 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 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.
F5: Represents shares of common stock withheld upon the vesting of performance-based restricted stock rights for the payment of the related tax liability.
F6: The stock options vest in three equal installments on February 10, 2011, February 10, 2012 and February 10, 2013.
F7: 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.