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RYDER SYSTEM INC — Director's Dealing 2011
Feb 16, 2011
30770_dirs_2011-02-15_26f16a59-4d87-4dae-a091-acf40c8fb395.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: 2011-02-11
Reporting Person: Fatovic Robert D (EVP, CLO & Corp. Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-02-11 | Common Stock | M | 3440 | $0.00 | Acquired | 20668 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-02-11 | Stock Option (right to buy) | $49.39 | A | 19340 | Acquired | 2018-02-11 | Common Stock (19340) | Direct |
| 2011-02-11 | Performance-Based Restricted Stock Rights | $0.00 | A | 3910 | Acquired | Common Stock (3910) | Direct | |
| 2011-02-11 | Performance-Based Restricted Stock Rights | $0.00 | M | 3440 | Disposed | Common Stock (3440) | Direct |
Footnotes
F1: These performance-based restricted stock rights vested upon approval of the Board of Directors on February 11, 2011 based on the Company achieving a financial performance goal for the three-year period ending December 31, 2010.
F2: Represents shares of common stock acquired by the reporting person through the vesting of performance-based restricted stock rights granted on February 8, 2008.
F3: The stock options vest in three equal installments on February 11, 2012, February 11, 2013 and February 11, 2014.
F4: 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, 2013. Performance-based restricted stock rights that do not vest will be cancelled.