RYDER SYSTEM INC — Director's Dealing 2012

Nov 8, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RYDER SYSTEM INC (R)
CIK: 0000085961
Period of Report: 2012-11-06

Reporting Person: GALLO-AQUINO CRISTINA (VP and Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-06	Common Stock	M	500	$42.725	Acquired	5500	Direct
2012-11-06	Common Stock	S	500	$47.70	Disposed	5000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-11-06	Stock Option (right to buy)	$42.725	D	500	Disposed	2013-02-13	Common Stock (500)	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: The option, representing the right to purchase 1,500 shares, vests in accordance with the following schedule: 500 vested on February 13, 2007, 500 vested on February 13, 2008 and 500 vested on February 13, 2009.