RYDER SYSTEM INC — Director's Dealing 2013

Dec 3, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RYDER SYSTEM INC (R)
CIK: 0000085961
Period of Report: 2013-11-29

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-11-29	Common Stock	M	4235	$58.475	Acquired	21629	Direct
2013-11-29	Common Stock	M	7359	$49.39	Acquired	28988	Direct
2013-11-29	Common Stock	M	6825	$53.63	Acquired	35813	Direct
2013-11-29	Common Stock	S	18419	$69.90	Disposed	17394	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-11-29	Stock Option (right to buy)	$58.475	M	4235	Disposed	2015-02-08	Common Stock (4235)	Direct
2013-11-29	Stock Option (right to buy)	$49.39	M	7359	Disposed	2018-02-11	Common Stock (7359)	Direct
2013-11-29	Stock Option (right to buy)	$53.63	M	6825	Disposed	2019-02-10	Common Stock (6825)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2435	Indirect
Common Stock	499	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 May 30, 2013.

F2: The option, representing the right to purchase 4,235 shares, vests in accordance with the following schedule: 1,412 vested on February 8, 2009, 1,411 vested on February 8, 2010 and 1,412 vested on February 8, 2011.

F3: The option, representing the right to purchase 22,075 shares, vests in accordance with the following schedule: 7,359 vested on February 11, 2012, 7,358 vested on February 11, 2013 and 7,358 will vest on February 11, 2014.

F4: The option, representing the right to purchase 20,475 shares, vests in accordance with the following schedule: 6,825 vested on February 10, 2013, 6,825 will vest on February 10, 2014 and 6,825 will vest on February 10, 2015.