RYDER SYSTEM INC — Director's Dealing 2013

Oct 25, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RYDER SYSTEM INC (R)
CIK: 0000085961
Period of Report: 2013-10-24

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-10-24	Common Stock	M	3403	$32.985	Acquired	20797	Direct
2013-10-24	Common Stock	M	3288	$32.71	Acquired	24085	Direct
2013-10-24	Common Stock	S	6691	$65.00	Disposed	17394	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-10-24	Stock Option (right to buy)	$32.985	M	3403	Disposed	2017-02-10	Common Stock (3403)	Direct
2013-10-24	Stock Option (right to buy)	$32.71	M	3288	Disposed	2016-02-06	Common Stock (3288)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2425	Indirect
Common Stock	497	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 6,805 shares, vests in accordance with the following schedule: 2,269 vested on February 10, 2011, 2,268 vested on February 10, 2012 and 2,268 vested on February 10, 2013.

F3: The option, representing the right to purchase 6,575 shares, vests in accordance with the following schedule: 2,192 vested on February 6, 2010, 2,191 vested on February 6, 2011 and 2,192 vested on February 6, 2012.