SEC Form 4 · accession 0000085961-18-000052

RYDER SYSTEM INC · R

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — EVP & Chief Financial Officer

Period of report

Feb 21, 2018

Accepted (ET)

Feb 23, 2018 · 4:42 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^F1	Feb 21, 2018	A	1,606	$0.00	A	12,789	D
common stock	holding	—	—		—	1,140	I	By Ryder Employee Savings Plan
common stock	holding	—	—		—	543	I	By Ryder Deferred Compensation Plan

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (right to buy)^F2	$74.72	Feb 21, 2018	A	22,656	A	—	Feb 21, 2028	common stock	22,656	22,656	D
Performance-Based Restricted Stock Rights^F3,F4,F5	$0.00	Feb 21, 2018	A	9,636	A	—	—	common stock	9,636	9,636	D

F1Represents time-based restricted stock rights granted to the reporting person by the Company, which vest ratably over a term of three years beginning on February 21, 2019.
F2The stock options vest in three equal installments on February 21, 2019, February 21, 2020 and February 21, 2021.
F3The PBRSRs represent a contingent right to receive that number of shares of Ryder common stock equal to a maximum of 200% of the number of PBRSRs granted based on the Company achieving certain threshold, target or maximum performance goals.
F4This amount represents the number of shares that will be earned assuming target performance levels.
F5The performance cycle for the PBRSRs is three years. The performance cycle ends on December 31, 2020. The PBRSRs that do not vest will be cancelled.