Cooke Dennis C 4
4 · RYDER SYSTEM INC · Filed Feb 23, 2018
Insider Transaction Report
Form 4
Cooke Dennis C
President, Global FMS
Transactions
- Award
Stock Option (right to buy)
2018-02-21+25,488→ 25,488 totalExercise: $74.72Exp: 2028-02-21→ common stock (25,488 underlying) - Award
Performance-Based Restricted Stock Rights
2018-02-21+10,840→ 10,840 totalExercise: $0.00→ common stock (10,840 underlying) - Award
common stock
2018-02-21+1,807→ 6,369 total
Holdings
- 27(indirect: By Ryder Employee Savings Plan)
common stock
Footnotes (5)
- [F1]Represents 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.
- [F2]The stock options vest in three equal installments on February 21, 2019, February 21, 2020 and February 21, 2021.
- [F3]The 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.
- [F4]This amount represents the number of shares that will earned assuming target performance levels.
- [F5]The 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.