RYDER SYSTEM INC — Director's Dealing 2012

Dec 18, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RYDER SYSTEM INC (R)
CIK: 0000085961
Period of Report: 2012-12-14

Reporting Person: GREENE GREGORY F (EVP and CAO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-14	Common Stock	M	3167	$42.725	Acquired	23821	Direct
2012-12-14	Common Stock	S	3167	$50.00	Disposed	20654	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-12-14	Stock Option (right to buy)	$42.725	M	3167	Disposed	2013-02-13	Common Stock (3167)	Direct

Footnotes

F1: The option exercise and stock sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan established by the Reporting Person on August 24, 2012.

F2: Includes 188 shares of common stock acquired by the reporting person under the Company's dividend reinvestment plan.

F3: The option, representing the right to purchase 9,500 shares, vests in accordance with the following schedule: 3,167 vested on February 13, 2007, 3,166 vested on February 13, 2008 and 3,167 vested on February 13, 2009.