RYDER SYSTEM INC — Director's Dealing 2019

Feb 12, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RYDER SYSTEM INC (R)
CIK: 0000085961
Period of Report: 2019-02-08

Reporting Person: JONES KAREN M. (EVP & Chief Marketing Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-08	common stock	F	546	$57.92	Disposed	90	Direct
2019-02-08	common stock	M	2139	—	Acquired	2229	Direct
2019-02-08	common stock	A	1640	—	Acquired	3869	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-02-08	Performance-Based Restricted Stock Rights	$0.0	M	3255	Disposed		common stock (3255.0)	Direct
2019-02-08	Stock Option (right to buy)	$57.92	A	8093	Acquired	2029-02-08	common stock (8093.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
common stock	62	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: Represents time-based restricted stock rights granted to the reporting person by the Company, which vest ratably over a term of three years.

F3: With respect to PBRSRs for the first, second and third performance periods, 922 shares, 652 shares and 565 shares were earned respectively.

F4: The performance cycle for the PBRSRs was segmented into three performance periods. The performance cycle ends on December 31, 2018. The PBRSRs earned for each performance period vested upon Board approval on February 8, 2019.

F5: The stock options vest in three equal installments on February 8, 2020, February 8, 2021 and February 8, 2022.