RYDER SYSTEM INC — Director's Dealing 2012

Dec 7, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RYDER SYSTEM INC (R)
CIK: 0000085961
Period of Report: 2012-12-05

Reporting Person: GARCIA ART A (EVP & Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-05	Common Stock	M	1717	$42.725	Acquired	21937	Direct
2012-12-05	Common Stock	S	1717	$48.00	Disposed	20220	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-12-05	Stock Option (right to buy)	$42.725	M	1717	Disposed	2013-02-13	Common Stock (1717)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2394	Indirect
Common Stock	491	Indirect

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 16, 2012.

F2: The option, representing the right to purchase 5,150 shares, vests in accordance with the following schedule: 1,717 vested on February 13, 2007, 1,716 vested on February 13, 2008 and 1,717 vested on February 13, 2009.