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RYDER SYSTEM INC — Director's Dealing 2012
Feb 15, 2012
30770_dirs_2012-02-14_74fe9e7d-ee50-4bc2-aa60-324aefc7d4c4.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: 2012-02-10
Reporting Person: Cooke Dennis C (President, Global FMS)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-02-10 | Stock Option (right to buy) | $53.63 | A | 22395 | Acquired | 2019-02-10 | Common Stock (22395) | Direct |
| 2012-02-10 | Performance-Based Restricted Stock Rights | $0.00 | A | 4570 | Acquired | Common Stock () | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 15000 | Direct |
Footnotes
F1: The stock options vest in three equal installments on February 10, 2013, February 10, 2014 and February 10, 2015.
F2: The performance cycle for the performance-based restricted stock rights (PBRSRs) is segmented into three equal performance periods of one, two and three years. The PBRSRs earned for each performance period will vest at the end of the three-year cycle ending on December 31, 2014. PBRSRs that do not vest will be cancelled.
F3: The PBRSRs represent a contingent right to receive that number of shares of Ryder common stock equal to 25% to 125% of the number of PBRSRs based on the Company achieving certain threshold, target or maximum performance goals.