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LANDSTAR SYSTEM INC·4

Apr 27, 3:23 PM ET

Handoush Jim M 4

4 · LANDSTAR SYSTEM INC · Filed Apr 27, 2010

Insider Transaction Report

Form 4

Period: 2010-04-23

LANDSTAR SYSTEM INCLSTR

President - Landstar Global

Transactions

Exercise/Conversion
Common Stock
2010-04-23$19.02/sh+24,744$470,755→ 45,544 total
Exercise/Conversion
Common Stock
2010-04-23$26.47/sh+30,000$794,064→ 75,544 total
Exercise/Conversion
Stock Options (Right to Buy)
2010-04-23−24,744→ 5,256 total
Exercise: $19.02From: 2009-01-02Exp: 2014-01-02→ Common Stock (24,744 underlying)
Exercise/Conversion
Stock Options (Right to Buy)
2010-04-23−30,000→ 0 total
Exercise: $26.47From: 2009-07-01Exp: 2014-07-01→ Common Stock (30,000 underlying)
Exercise/Conversion
Stock Options (Right to Buy)
2010-04-23−6,397→ 1,603 total
Exercise: $32.13Exp: 2015-01-27→ Common Stock (6,397 underlying)
Exercise/Conversion
Common Stock
2010-04-23$32.13/sh+6,397$205,536→ 81,941 total
Tax Payment
Common Stock
2010-04-23$45.20/sh−40,135$1,814,002→ 41,806 total

Holdings

Common Stock
(indirect: By 401(k))
818

Footnotes (2)

[F1]Represents shares withheld to pay the exercise price and tax withholding obligations for options exercised that were granted on 1/2/2004, 7/1/2004 and 1/27/2005.
[F2]Options became exercisable as to 1,599 on 1/27/2006, 1,599 on 1/27/2007, 1,599 on 1/27/2008 and 1,600 on 1/27/2009.

Documents

1 file

4
form4.xmlPrimary
PRIMARY DOCUMENT