LANDSTAR SYSTEM INC 4

Accession 0001127602-17-011922

$LSTRCIK 0000853816operating

View on SEC.gov Company Profile

Filed

Mar 15, 8:00 PM ET

Accepted

Mar 16, 4:15 PM ET

Size

35.0 KB

Accession

0001127602-17-011922

Insider Transaction Report

Form 4

Period: 2017-03-14

LANDSTAR SYSTEM INCLSTR

Stout L Kevin

VP, CFO and Asst Secretary

Transactions

Exercise/Conversion
Common Stock
2017-03-15$37.07/sh+600$22,242→ 31,083 total
Exercise/Conversion
Common Stock
2017-03-15$41.80/sh+2,800$117,040→ 33,883 total
Exercise/Conversion
Stock Options (Right to Buy)
2017-03-15−2,543→ 0 total
Exercise: $39.32From: 2014-01-02Exp: 2019-01-02→ Common Stock (2,543 underlying)
Exercise/Conversion
Stock Options (Right to Buy)
2017-03-15−600→ 0 total
Exercise: $37.07Exp: 2020-01-29→ Common Stock (600 underlying)
Exercise/Conversion
Stock Options (Right to Buy)
2017-03-15−3,090→ 0 total
Exercise: $51.99Exp: 2022-02-06→ Common Stock (3,090 underlying)
Exercise/Conversion
Stock Options (Right to Buy)
2017-03-14−2,457→ 2,543 total
Exercise: $39.32From: 2014-01-02Exp: 2019-01-02→ Common Stock (2,457 underlying)
Exercise/Conversion
Common Stock
2017-03-14$37.07/sh+2,400$88,968→ 32,797 total
Exercise/Conversion
Common Stock
2017-03-14$39.32/sh+2,457$96,609→ 30,397 total
Exercise/Conversion
Common Stock
2017-03-14$41.80/sh+4,200$175,560→ 36,997 total
Exercise/Conversion
Common Stock
2017-03-15$51.99/sh+3,090$160,649→ 36,973 total
Exercise/Conversion
Stock Options (Right to Buy)
2017-03-14−4,200→ 2,800 total
Exercise: $41.80Exp: 2021-02-03→ Common Stock (4,200 underlying)
Tax Payment
Common Stock
2017-03-14$85.00/sh−10,519$894,115→ 33,388 total
Exercise/Conversion
Common Stock
2017-03-15$39.32/sh+2,543$99,991→ 30,483 total
Exercise/Conversion
Common Stock
2017-03-14$51.99/sh+6,910$359,251→ 43,907 total
Sale
Common Stock
2017-03-15$85.65/sh−5,448$466,621→ 27,940 total
Exercise/Conversion
Stock Options (Right to Buy)
2017-03-14−2,400→ 600 total
Exercise: $37.07Exp: 2020-01-29→ Common Stock (2,400 underlying)
Exercise/Conversion
Stock Options (Right to Buy)
2017-03-14−6,910→ 3,090 total
Exercise: $51.99Exp: 2022-02-06→ Common Stock (6,910 underlying)
Exercise/Conversion
Stock Options (Right to Buy)
2017-03-15−2,800→ 0 total
Exercise: $41.80Exp: 2021-02-03→ Common Stock (2,800 underlying)

Footnotes (8)

[F1]Represents shares withheld to pay the exercise price and tax withholding obligations.
[F2]The price reported is the weighted average sales price for the transactions reported. The prices received ranged from $85.45 to $85.85. 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 600 shares on each of 01/29/2011, 01/29/2012, 01/29/2013 and 01/29/2014.
[F4]Options became exercisable as to 1,400 shares on each of 02/03/2012, 02/03/2013 and 02/03/2014.
[F5]Options became exercisable as to 2,000 shares on each of 02/06/2013 and 02/06/2014, 1,630 shares on 02/06/2015, 1,203 shares on 02/06/2016 and 77 shares on 02/06/2017.
[F6]Options became exercisable as to 600 shares on 01/29/2015.
[F7]Options became exercisable as to 1,400 shares on each of 02/03/2015 and 02/03/2016.
[F8]Options became exercisable as to 370 shares on 02/06/2015, 797 shares on 02/06/2016 and 1,923 shares on 02/06/2017.

Documents

1 file

4
form4.xmlPrimary
PRIMARY DOCUMENT

Issuer

LANDSTAR SYSTEM INC

CIK 0000853816

→

Entity typeoperating

IncorporatedDE

Related Parties

filerCIK 0000853816

Filing Metadata

Form type: 4
Filed: Mar 15, 8:00 PM ET
Accepted: Mar 16, 4:15 PM ET
Size: 35.0 KB

View on SEC.gov