SEC Form 4 · accession 0000085961-19-000021
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
Feb 8, 2019
Accepted (ET)
Feb 12, 2019 · 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 | Feb 8, 2019 | F | 1,827 | $57.92 | D | 10,765 | D | |
| common stock | Feb 8, 2019 | M | 4,659 | $0.00 | A | 15,424 | D | |
| common stock | holding | — | — | — | 1,172 | I | By Ryder Employee Savings Plan | |
| common stock | holding | — | — | — | 558 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance-Based Restricted Stock RightsF2,F3 | $0.00 | Feb 8, 2019 | M | 7,085 | 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).
- F2With respect to PBRSRs for the first, second and third performance periods, 2,007 shares, 1,422 shares and 1,230 shares were earned, respectively.
- F3The 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.