SEC Form 4 · accession 0001209191-15-014436
RYDER SYSTEM INC · R
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John H Williford
Officer — President, Global Supply Chain
Period of report
Feb 12, 2015
Accepted (ET)
Feb 17, 2015 · 3:28 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 12, 2015 | M | 2,509 | $0.00 | A | 20,910 | D | |
| Common Stock | Feb 12, 2015 | F | 399 | $93.51 | D | 20,511 | 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 RightsF2,F3 | $0.00 | Feb 12, 2015 | M | 4,795 | 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 PBRSRs on February 12, 2015.
- F2The PBRSRs for the first performance period (1,598) were not earned and were therefore cancelled. For the second and third performance periods, 752 shares and 1,757 shares were earned, respectively.
- F3The performance cycle for the performance-based restricted stock rights (PBRSRs) was segmented into three performance periods. The performance cycle ended on December 31, 2014. The PBRSRs earned for each performance period vested upon Board approval on February 12, 2015.