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RYDER SYSTEM INC Director's Dealing 2014

May 29, 2014

30770_dirs_2014-05-29_dfcc79a7-4a0a-453f-ace6-b5e4f692b2de.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RYDER SYSTEM INC (R)
CIK: 0000085961
Period of Report: 2014-05-27

Reporting Person: GALLO-AQUINO CRISTINA (VP and Controller)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-05-27 Common Stock M 975 $58.475 Acquired 4236 Direct
2014-05-27 Common Stock S 975 $84.1591 Disposed 3261 Direct
2014-05-27 Common Stock S 16 $84.20 Disposed 3245 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-05-27 Stock Option (right to buy) $58.475 M 975 Disposed 2015-02-08 Common Stock (975) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 1040 Indirect

Footnotes

F1: Includes 1 shares of common stock acquired by the reporting person under the Company's dividend reinvestment plan since the date of the reporting person's last Section 16 filing.

F2: This reflects the weighted average price at which the shares were sold. The sale prices ranged from $84.15 to $84.17.

F3: The Reporting Person will provide, upon request by the Commisssion staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F4: The option, representing the right to purchase 975 shares, vests in accordance with the following schedule: 325 vested on February 8, 2009, 325 vested on February 8, 2010 and 325 vested on February 8, 2011.