SEC Form 4 · accession 0000085961-18-000138
RYDER SYSTEM INC · R
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Art A Garcia
Officer — EVP & Chief Financial Officer
Period of report
Jul 30, 2018
Accepted (ET)
Aug 1, 2018 · 11:12 am EDT
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 | Jul 30, 2018 | M | 3,412 | $53.63 | A | 16,201 | D | |
| common stockF1 | Jul 30, 2018 | S | 3,412 | $76.8201 | D | 12,592 | D | |
| common stock | holding | — | — | — | 1,148 | I | By Ryder Employee Savings Plan | |
| common stock | holding | — | — | — | 546 | I | By Ryder Deferred Compensation Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2,F3 | $53.63 | Jul 30, 2018 | M | 3,412 | D | — | Feb 10, 2019 | common stock | 3,412 | 0 | D |
Explanation of responses
- F1Since the date of the reporting person's last ownership report, he transferred 197 shares of common stock to his former spouse upon vesting of performance-based restricted stock rights pursuant to a property settlement agreement, as reported on a Form 4 filed with the Securities and Exchange Commission on November 16, 2016. The securities owned by the reporting person's former spouse are not beneficially owned by the reporting person.
- F2The reporting person exercised options for a total of 6,825 shares of common stock. The reporting person previously disclaimed beneficial ownership over 3,413 of such options and the underlying common stock pursuant to a property settlement agreement, as reported on a Form 4 filed with the Securities and Exchange Commission on November 16, 2016.
- F3The stock options vested in three equal installments on February 10, 2013, February 10, 2014, and February 10, 2015.