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RYDER SYSTEM INC Director's Dealing 2011

Mar 2, 2011

30770_dirs_2011-03-01_db908f6a-13f2-40e9-917d-a312c555a9d0.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: 2011-02-28

Reporting Person: GREENE GREGORY F (EVP and CAO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-02-28 Common Stock M 15000 $32.71 Acquired 30421 Direct
2011-02-28 Common Stock S 20000 $48.14 Disposed 10421 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-02-28 Stock Option (right to buy) $32.71 M 15000 Disposed 2016-02-06 Common Stock (15000) Direct

Footnotes

F1: This reflects the weighted average price at which the shares were sold. The sale prices ranged from $48.00 to $48.23.

F2: The Reporting Person will provide, upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F3: The option, representing the right to purchase 27,270 shares, vests in accordance with the following schedule: 9,090 vested on February 6, 2010, 9,090 vested on February 6, 2011 and 9,090 will vest on February 6, 2012.