RYDER SYSTEM INC — Director's Dealing 2012

Feb 14, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: MARTIN LYNN M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-10	Common Stock	M	5000	$28.815	Acquired	29187	Direct
2012-02-10	Common Stock	S	1600	$53.72	Disposed	27587	Direct
2012-02-10	Common Stock	S	900	$53.73	Disposed	26687	Direct
2012-02-10	Common Stock	S	100	$53.74	Disposed	26587	Direct
2012-02-10	Common Stock	S	820	$53.75	Disposed	25767	Direct
2012-02-10	Common Stock	S	400	$53.76	Disposed	25367	Direct
2012-02-10	Common Stock	S	999	$53.77	Disposed	24368	Direct
2012-02-10	Common Stock	S	181	$53.78	Disposed	24187	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-10	Stock option (right to buy)	$28.815	M	5000	Disposed	2012-05-02	Common Stock (5000)	Direct

Footnotes

F1: The option, representing the right to purchase 5,000 shares, vests in accordance with the following schedule: 1,667 vested on May 3, 2003, 1,666 vested on May 3, 2004 and 1,667 vested on May 3, 2005.