SEC Form 4 · accession 0001127602-17-019410
LANDSTAR SYSTEM INC · LSTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anthony J Orlando
Director
Period of report
May 24, 2017
Accepted (ET)
May 25, 2017 · 4:32 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000853816
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 24, 2017 | A | 1,315 | $0.00 | A | 8,186 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Issued as Restricted Stock Units which represent a contingent right to receive one share of Issuer's common stock and vest on May 22, 2018. Each vested Restricted Stock Unit will convert into shares of the Issuer's common stock on the date of the reporting person's separation from service from the Board of Directors or, if earlier, upon a change in control event of the Issuer.