RYDER SYSTEM INC — Director's Dealing 2018

Aug 1, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RYDER SYSTEM INC (R)
CIK: 0000085961
Period of Report: 2018-07-30

Reporting Person: GARCIA ART A (EVP & Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-07-30	common stock	M	3412	$53.63	Acquired	16201	Direct
2018-07-30	common stock	S	3412	$76.8201	Disposed	12592	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-07-30	Stock Option (right to buy)	$53.63	M	3412	Disposed	2019-02-10	common stock (3412.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
common stock	1148	Indirect
common stock	546	Indirect

Footnotes

F1: Since the date of the reporting person's last ownership report, he transferred 197 shares of common stock to his former spouse upon vesting of performance-based restricted stock rights pursuant to a property settlement agreement, as reported on a Form 4 filed with the Securities and Exchange Commission on November 16, 2016. The securities owned by the reporting person's former spouse are not beneficially owned by the reporting person.

F2: The reporting person exercised options for a total of 6,825 shares of common stock. The reporting person previously disclaimed beneficial ownership over 3,413 of such options and the underlying common stock pursuant to a property settlement agreement, as reported on a Form 4 filed with the Securities and Exchange Commission on November 16, 2016.

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