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RYDER SYSTEM INC — Director's Dealing 2016
Jun 8, 2016
30770_dirs_2016-06-08_83fad234-cd70-4269-8072-6fc8bec87d5b.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: RYDER SYSTEM INC (R)
CIK: 0000085961
Period of Report: 2016-06-01
Reporting Person: Lopez Francisco Jr. (SVP & Chief HR Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| common stock | 5207 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (right to buy) | $58.21 | 2023-02-07 | common stock (1192.0) | Direct | |
| Stock Option (right to buy) | $71.43 | 2024-02-06 | common stock (2670.0) | Direct | |
| Stock Option (right to buy) | $93.51 | 2025-02-11 | common stock (3575.0) | Direct | |
| Stock Option (right to buy) | $55.32 | 2026-02-09 | common stock (7985.0) | Direct | |
| Performance-Based Restricted Stock Rights | $0.0 | common stock (420.0) | Direct | ||
| Performance-Based Restricted Stock Rights | $0.0 | common stock (355.0) | Direct | ||
| Performance-Based Restricted Stock Rights | $0.0 | common stock (1810.0) | Direct |
Footnotes
F1: Includes 420 time-based restricted stock rights (TBRSRs) that will vest on February 7, 2017, 3,500 TBRSRs rights that will vest on May 1, 2017 and 355 TBRSRs that will vest on February 12, 2018.
F2: 1,335 stock options vested on February 7, 2016 and 1,335 stock options will vest on February 7, 2017.
F3: 1,192 stock options vested on February 12, 2016, 1,191 stock options will vest on February 12, 2017 and 1,192 stock options will vest on February 12, 2018.
F4: 2,662 stock options will vest February 10, 2017, 2,661 stock options will vest on February 10, 2018 and 2,662 stock options will vest February 10, 2019.
F5: The performance cycle for the performance-based restricted stock rights (PBRSRs) is segmented into three performance periods. The performance cycle ends on December 31, 2016. All PBRSRs earned will vest upon Board approval in February 2017. Any unearned PBRSRs will be forfeited.
F6: The PBRSRs represent a contingent right to receive that number of shares of Ryder common stock equal to a maximum of 125% of the number of PBRSRs granted based on the Company achieving certain threshold, target or maximum performance goals. As of December 31, 2015, 285 PBRSRs have been earned.
F7: The performance cycle for the PBRSRs is segmented into three performance periods. The performance cycle ends on December 31, 2017. All PBRSRs earned will vest upon Board approval in February 2018. Any unearned PBRSRs will be forfeited.
F8: The PBRSRs represent a contingent right to receive that number of shares of Ryder common stock equal to a maximum of 125% of the number of PBRSRs granted based on the Company achieving certain threshold, target or maximum performance goals. As of December 31, 2015, 104 PBRSRs have been earned.
F9: The performance cycle for the PBRSRs is segmented into three performance periods. The performance cycle ends on December 31, 2018. All PBRSRs earned will vest upon Board approval in February 2019. Any unearned PBRSRs will be forfeited.
F10: The PBRSRs represent a contingent right to receive that number of shares of Ryder common stock equal to a maximum of 125% of the number of PBRSRs granted based on the Company achieving certain threshold, target or maximum performance goals.