GERKENS HENRY H 4
4 · LANDSTAR SYSTEM INC · Filed Mar 5, 2012
Insider Transaction Report
Form 4
GERKENS HENRY H
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Stock Options (Right to Buy)
2012-03-01−24,744→ 0 totalExercise: $44.32Exp: 2017-02-01→ Common Stock (24,744 underlying) - Exercise/Conversion
Common Stock
2012-03-01$43.66/sh+97,710$4,266,019→ 191,581 total - Exercise/Conversion
Stock Options (Right to Buy)
2012-03-01−128,523→ 135,738 totalExercise: $41.57From: 2012-01-02Exp: 2018-01-02→ Common Stock (128,523 underlying) - Exercise/Conversion
Common Stock
2012-03-01$44.32/sh+24,744$1,096,654→ 216,325 total - Exercise/Conversion
Common Stock
2012-03-01$41.57/sh+128,523$5,342,701→ 344,848 total - Tax Payment
Common Stock
2012-03-01$54.71/sh−215,833$11,808,223→ 129,015 total - Exercise/Conversion
Stock Options (Right to Buy)
2012-03-01−97,710→ 0 totalExercise: $43.66Exp: 2016-02-02→ Common Stock (97,710 underlying)
Footnotes (3)
- [F1]Represents shares withheld to pay the exercise price and tax withholding obligations.
- [F2]Options became exercisable as to 33,334 on 02/02/2007, 33,333 on 02/02/2008 and 31,043 on 02/02/20009.
- [F3]Options became exercisable as to 9,000 each on 02/01/2008 and 02/01/2009 and 6,744 on 02/01/2010.