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RYDER SYSTEM INC — Director's Dealing 2015
Feb 17, 2015
30770_dirs_2015-02-17_4c59c1a6-098e-4753-b41f-b64614f2ab6b.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: 2015-02-12
Reporting Person: WILLIFORD JOHN H (President, Global Supply Chain)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-02-12 | Common Stock | M | 2509 | $0.00 | Acquired | 20910 | Direct |
| 2015-02-12 | Common Stock | F | 399 | $93.51 | Disposed | 20511 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-02-12 | Performance-Based Restricted Stock Rights | $0.00 | M | 4795 | Disposed | Common Stock (0) | Direct |
Footnotes
F1: Represents shares of common stock withheld by the Company for the payment of taxes due upon the vesting of PBRSRs on February 12, 2015.
F2: The PBRSRs for the first performance period (1,598) were not earned and were therefore cancelled. For the second and third performance periods, 752 shares and 1,757 shares were earned, respectively.
F3: The performance cycle for the performance-based restricted stock rights (PBRSRs) was segmented into three performance periods. The performance cycle ended on December 31, 2014. The PBRSRs earned for each performance period vested upon Board approval on February 12, 2015.