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LANDSTAR SYSTEM INC·4

Feb 7, 11:15 AM ET

GERKENS HENRY H 4

4 · LANDSTAR SYSTEM INC · Filed Feb 7, 2012

Insider Transaction Report

Form 4
Period: 2012-02-03
LANDSTAR SYSTEM INCLSTR
GERKENS HENRY H
DirectorPresident & CEO
Transactions
  • Exercise/Conversion

    Stock Options (Right to Buy)

    2012-02-03−133,334→ 264,261 total
    Exercise: $41.57Exp: 2018-01-02→ Common Stock (133,334 underlying)
  • Exercise/Conversion

    Common Stock

    2012-02-03$41.57/sh+133,334$5,542,694→ 199,440 total
  • Exercise/Conversion

    Common Stock

    2012-02-03$39.32/sh+66,666$2,621,307→ 266,106 total
  • Tax Payment

    Common Stock

    2012-02-03$52.23/sh−172,235$8,995,834→ 93,871 total
  • Exercise/Conversion

    Stock Options (Right to Buy)

    2012-02-03−66,666→ 33,334 total
    Exercise: $39.32Exp: 2019-01-02→ Common Stock (66,666 underlying)
Footnotes (3)
  • [F1]Represents shares withheld to pay the exercise price and tax withholding obligations.
  • [F2]Options became exercisable as to 130,929 shares on 01/02/2011 and 2,405 shares on 01/02/2012.
  • [F3]Options became exercisable as to 33,333 shares each on 01/02/2011 and 01/02/2012.

Documents

1 file
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT