SEC Form 4 · accession 0001127602-18-020682
LANDSTAR SYSTEM INC · LSTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick J O'Malley
Officer — VP, CCO, CMO
Period of report
Jun 11, 2018
Accepted (ET)
Jun 12, 2018 · 4:15 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 Stock | Jun 11, 2018 | M | 4,200 | $51.99 | A | 32,830 | D | |
| Common StockF1 | Jun 11, 2018 | F | 2,388 | $115.20 | D | 30,442 | D | |
| Common StockF2 | Jun 12, 2018 | S | 1,812 | $115.6153 | D | 28,630 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy) | $51.99 | Jun 11, 2018 | M | 4,200 | D | Feb 6, 2017 | Feb 6, 2022 | Common Stock | 4,200 | 0 | D |
Explanation of responses
- F1Represents shares withheld to pay the exercise price and tax withholding obligations.
- F2The price reported is the weighted average sales price for the transactions reported. The prices received ranged from $115.45 to $115.80. The reporting person will provide to the issuer, a security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each price within the range.