RYDER SYSTEM INC — Director's Dealing 2012

Feb 15, 2012

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: RYDER SYSTEM INC (R)
CIK: 0000085961
Period of Report: 2012-02-10

Reporting Person: Cooke Dennis C (President, Global FMS)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	15000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Performance-Based Restricted Stock Rights	$0.00	2014-02-28	Common Stock (2395)		Direct
Stock Option (right to buy)	$58.43	2018-07-22	Common Stock (12030)		Direct

Footnotes

F1: Represents time-based restricted stock rights granted to the reporting person by the Company. The restricted stock rights vest 100% on July 22, 2014.

F2: 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 period ending December 31, 2013.

F3: The stock options vest in three equal installments on July 22, 2012, July 22, 2013 and July 22, 2014.