RYDER SYSTEM INC — Director's Dealing 2021

Feb 9, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RYDER SYSTEM INC (R)
CIK: 0000085961
Period of Report: 2021-02-05

Reporting Person: Diez John J. (President, Global FMS)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-05	common stock	F	1785	$67.25	Disposed	46830	Direct
2021-02-05	common stock	M	4376	—	Acquired	51242	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-05	Performance-Based Restricted Stock Rights	$0.0	M	7628	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 21, 2018.

F2: With respect to PBRSRs, 4,376 shares were earned out of the 7,628 shares that were granted on February 21, 2018. 3,252 shares were not earned and forfeited without consideration. The PBRSRs vested upon Board approval.

F3: Includes 36 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.