SEC Form 4 · accession 0001127602-18-027099
LANDSTAR SYSTEM INC · LSTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph J Beacom
Officer — VP, CSO, COO
Period of report
Sep 5, 2018
Accepted (ET)
Sep 7, 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 StockF1 | Sep 5, 2018 | S | 3,000 | $119.5167 | D | 33,702 | D | |
| Common Stock | Sep 6, 2018 | M | 1,923 | $51.99 | A | 35,625 | 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 | Sep 6, 2018 | M | 1,923 | D | Feb 6, 2017 | Feb 6, 2022 | Common Stock | 1,923 | 0 | D |
Explanation of responses
- F1The price reported is the weighted average sales price for the transactions reported. The prices received ranged from $119.50 to $119.55. 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.