RYDER SYSTEM INC — Director's Dealing 2018

Aug 22, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RYDER SYSTEM INC (R)
CIK: 0000085961
Period of Report: 2018-08-21

Reporting Person: Diez John J. (President, Ryder Dedicated)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-08-21	common stock	M	1600	$53.63	Acquired	10732	Direct
2018-08-21	common stock	M	4920	$55.32	Acquired	15652	Direct
2018-08-21	common stock	S	6520	$79.4439	Disposed	9132	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-08-21	Stock Option (right to buy)	$53.63	M	1600	Disposed	2019-02-10	common stock (1600.0)	Direct
2018-08-21	Stock Option (right to buy)	$55.32	M	4920	Disposed	2026-02-09	common stock (4920.0)	Direct

Footnotes

F1: Includes 106 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 on February 23, 2018.

F2: This reflects the weighted average price at which the shares were sold. The sale prices ranged from $79.24 to $79.66. The Reporting Person will provide, upon request by the Commission staff, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F3: The stock options vested in three equal installments on February 10, 2013, February 10, 2014 and February 10, 2015.

F4: The options, representing the right to purchase an aggregate of 22,350 shares, vest in three equal installments on February 10, 2017, February 10, 2018 and February 10, 2019.