BANNISTER DAVID G/ 4
4 · LANDSTAR SYSTEM INC · Filed Apr 28, 2010
Insider Transaction Report
Form 4
BANNISTER DAVID G/
Director
Transactions
- Tax Payment
Common Stock
2010-04-26$45.11/sh−7,766$350,324→ 37,914 total - Sale
Common Stock
2010-04-28$44.63/sh−19,234$858,338→ 18,680 total - Exercise/Conversion
Stock Options (Right to Buy)
2010-04-26−27,000→ 0 totalExercise: $12.97Exp: 2012-05-12→ Common Stock (27,000 underlying) - Exercise/Conversion
Common Stock
2010-04-26$12.97/sh+27,000$350,293→ 45,680 total
Footnotes (3)
- [F1]Represents shares withheld to pay the exercise price for options exercised.
- [F2]The price reported is the weighted average sale price for the transactions reported. The prices received range from $44.47 to $44.75. The reporting person will provide to the issuer, a security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each price within the range.
- [F3]Options became exercisable as to 3,000 shares on 05/12/2004 and 24,000 shares on 05/12/2005.