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: Cooke Dennis C (President, Global FMS)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-11-29	Common Stock	M	2005	$58.43	Acquired	17005	Direct
2013-11-29	Common Stock	M	3732	$53.63	Acquired	20737	Direct
2013-11-29	Common Stock	S	5737	$69.90	Disposed	15000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-11-29	Stock Option (right to buy)	$58.43	M	2005	Disposed	2018-07-22	Common Stock (2005)	Direct
2013-11-29	Stock Option (right to buy)	$53.63	M	3732	Disposed	2019-02-10	Common Stock (3732)	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 May 29, 2013.

F2: The option, representing the right to purchase 12,030 shares, vests in accordance with the following schedule: 4,010 vested on July 22, 2012, 4,010 vested on July 22, 2013 and 4,010 will vest on July 22, 2014.

F3: The option, representing the right to purchase 22,395 shares, vests in accordance with the following schedule: 7,465 vested on February 10, 2013, 7,465 will vest on February 10, 2014 and 7,465 will vest on February 10, 2015.