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RYDER SYSTEM INC — Director's Dealing 2016
Jan 11, 2016
30770_dirs_2016-01-11_0bac648d-58c3-4b2c-be5c-761020115edc.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: 2016-01-01
Reporting Person: Kirk Melvin L. (SVP & CIO)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 7545 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (right to buy) | $52.77 | 2019-03-05 | Common Stock (3460) | Direct | |
| Stock Option (right to buy) | $58.21 | 2023-02-07 | Common Stock (3125) | Direct | |
| Stock Option (right to buy) | $71.43 | 2024-02-06 | Common Stock (3035) | Direct | |
| Stock Option (right to buy) | $93.51 | 2025-02-11 | Common Stock (2885) | Direct | |
| Performance-Based Restricted Stock Rights | $0.00 | Common Stock (375) | Direct | ||
| Performance-Based Restricted Stock Rights | $0.00 | Common Stock (320) | Direct | ||
| Performance-Based Restricted Stock Rights | $0.00 | Common Stock (285) | Direct |
Footnotes
F1: Includes 375 time-based restricted stock rights that will vest on February 8, 2016, 320 time-based restricted stock rights that will vest on February 7, 2017, 2,500 time-based restricted stock rights that will vest on May 1, 2017 and 285 time-based restricted stock rights that will vest on February 12, 2018.
F2: 1,154 stock options vested on March 5, 2013, 1,153 stock options vested on March 5, 2014 and 1,153 stock options vested on March 5, 2015.
F3: 1,042 stock options vested on February 8, 2014, 1,041 stock options vested on February 8, 2015 and 1,042 will vest on February 8, 2016.
F4: 1,012 stock options vested on February 7, 2015, 1,011 stock options will vest on February 7, 2016 and 1,012 stock options will vest on February 7, 2017.
F5: 962 stock options will vest on February 12, 2016, 961 stock options will vest on February 12, 2017 and 962 stock options will vest on February 12, 2018.
F6: The performance cycle for the performance-based restricted stock rights (PBRSRs) is segmented into three performance periods. The performance cycle ends on December 31, 2015. All PBRSRs earned will vest upon Board approval in February 2016. Any unearned PBRSRs will be forfeited.
F7: 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, 2014, 263 PBRSRs have been earned.
F8: The performance cycle for the 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.
F9: 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, 2014, 123 PBRSRs have been earned.
F10: 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.
F11: 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.