RYDER SYSTEM INC — Director's Dealing 2020

Feb 11, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RYDER SYSTEM INC (R)
CIK: 0000085961
Period of Report: 2020-02-07

Reporting Person: Lopez Francisco Jr. (EVP & Chief HR Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-07	common stock	F	565	$50.05	Disposed	6943	Direct
2020-02-07	common stock	M	1269	—	Acquired	8212	Direct
2020-02-08	common stock	F	257	$50.05	Disposed	7955	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-07	Performance-Based Restricted Stock Rights	$0.0	M	3920	Disposed		common stock (0.0)	Direct

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) granted to the reporting person on February 10, 2017.

F2: Represents shares of common stock withheld by the Company for the payment of taxes due upon the vesting of time-based restricted stock rights granted to the reporting person on February 8, 2019.

F3: With respect to PBRSRs for the first, second and third performance periods, 329 shares, 679 shares and 261 shares were earned, respectively.

F4: The performance cycle for the PBRSRs was segmented into three performance periods. The performance cycle ended on December 31, 2019. The PBRSRs earned for each performance period vested upon Board approval on February 7, 2020.