SEC Form 4 · accession 0000085961-18-000016
RYDER SYSTEM INC · R
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John J Gleason
Officer — EVP & Chief Sales Officer
Period of report
Feb 9, 2018
Accepted (ET)
Feb 13, 2018 · 8:01 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000085961
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| common stock | Feb 9, 2018 | M | 551 | $0.00 | A | 16,910 | D | |
| common stockF2 | Feb 12, 2018 | F | 159 | $80.67 | D | 16,835 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance-Based Restricted Stock RightsF3,F4 | $0.00 | Feb 9, 2018 | M | 855 | D | — | — | common stock | 0 | 0 | D |
Explanation of responses
- F1Represents shares of common stock withheld by the Company for the payment of taxes due upon the vesting of performance-based restricted stock rights (PBRSRs).
- F2Includes 84 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.
- F3With respect to PBRSRs for the first, second and third performance periods, 33 shares, 129 shares and 142 shares were cancelled, respectively.
- F4The performance cycle for the PBRSRs was segmented into three performance periods. The performance cycle ended on December 31, 2017. The PBRSRs earned for each performance period vested upon Board approval on February 9, 2018.