Gleason John J 4
4 · RYDER SYSTEM INC · Filed Feb 11, 2020
Insider Transaction Report
Form 4
Gleason John J
EVP Chief Sales Officer
Transactions
- Exercise/Conversion
Performance-Based Restricted Stock Rights
2020-02-07−5,100→ 0 totalExercise: $0.00→ common stock (0 underlying) - Exercise/Conversion
common stock
2020-02-07+1,653→ 22,373 total - Tax Payment
common stock
2020-02-07$50.05/sh−736$36,837→ 20,720 total - Tax Payment
common stock
2020-02-08$50.05/sh−285$14,264→ 22,818 total
Footnotes (5)
- [F1]Represents shares of common stock withheld by the Company for the payment of taxes due upon the vesting of performance-based restricted stock rights (PBRSRs) granted to the reporting person on February 10, 2017.
- [F2]Represents shares of common stock withheld by the Company for the payment of taxes due upon the vesting of time-based restricted stock rights granted to the reporting person on February 8, 2019.
- [F3]Includes 730 shares of common stock acquired by the reporting person under the Company's dividend reinvestment plan since the date of the reporting person's last Section 16 filing.
- [F4]With respect to PBRSRs for the first, second and third performance periods, 429 shares, 884 shares and 340 shares were earned, respectively.
- [F5]The performance cycle for the PBRSRs was segmented into three performance periods. The performance cycle ended on December 31, 2019. The PBRSRs earned for each performance period vested upon Board approval on February 7, 2020.