RYDER SYSTEM INC — Director's Dealing 2013

Jun 5, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RYDER SYSTEM INC (R)
CIK: 0000085961
Period of Report: 2013-05-31

Reporting Person: Fatovic Robert D (EVP, CLO & Corp. Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-05-31	Common Stock	M	18440	$52.48	Acquired	29153	Direct
2013-05-31	Common Stock	M	26540	$32.71	Acquired	55693	Direct
2013-05-31	Common Stock	S	18440	$63.6385	Disposed	37253	Direct
2013-05-31	Common Stock	S	26540	$63.6066	Disposed	10713	Direct
2013-05-31	Common Stock	I	4151	$63.04	Disposed	0	Indirect
2013-05-31	Common Stock	I	6045	$63.04	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-05-31	Stock Option (right to buy)	$52.48	M	18440	Disposed	2014-02-09	Common Stock (18440)	Direct
2013-05-31	Stock Option (right to buy)	$32.71	M	26540	Disposed	2016-02-06	Common Stock (26540)	Direct

Footnotes

F1: This reflects the weighted average price at which the shares were sold. The sales prices ranged from $63.50 to $63.95.

F2: The Reporting Person will provide, upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F3: This reflects the weighted average price at which the shares were sold. The sales prices ranged from $63.60 to $63.65.

F4: The option, representing the right to purchase 18,440 shares, vests in accordance with the following schedule: 6,147 vested on February 9, 2008, 6,146 vested on February 9, 2009 and 6,147 vested on February 9, 2010.

F5: The option, representing the right to purchase 26,540 shares, vests in accordance with the following schedule: 8,847 vested on February 6, 2010, 8,846 vested on February 6, 2011 and 8,847 vested on February 6, 2012.