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RYDER SYSTEM INC — Director's Dealing 2018
Feb 13, 2018
30770_dirs_2018-02-13_878b2878-c5ce-4a7d-a13e-c4017b1c6fe2.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: 2018-02-09
Reporting Person: GARCIA ART A (EVP & Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-02-09 | common stock | M | 1950 | — | Acquired | 11940 | Direct |
| 2018-02-09 | common stock | F | 757 | $80.67 | Disposed | 11183 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-02-09 | Performance-Based Restricted Stock Rights | $0.0 | M | 3850 | Disposed | common stock (0.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| common stock | 1131 | Indirect |
| common stock | 538 | Indirect |
Footnotes
F1: Represents shares of common stock withheld by the Company for the payment of taxes due upon the vesting of performance-based restricted stock rights (PBRSRs).
F2: With respect to the PBRSRs for the first, second and third performance periods, 330 shares, 610 shares and 960 shares were cancelled, respectively.
F3: The performance cycle for the PBRSRs was segmented into three performance periods. The performance cycle ended on December 31, 2017. The PBRSRs earned for each performance period vested upon Board approval on February 9, 2018.