RYDER SYSTEM INC 4

4 · RYDER SYSTEM INC · Filed Feb 11, 2009

Form 4

Period: 2009-02-06

EVP- FMS Sales & Marketing

Transactions

Tax Payment
Common Stock
2009-02-06$32.71/sh−1,182$38,663→ 18,335 total
Award
Stock Option (right to buy)
2009-02-06+15,830→ 15,830 total
Exercise: $32.71Exp: 2016-02-06→ Common Stock (15,830 underlying)
Exercise/Conversion
Performance-Based Restricted Stock Rights
2009-02-06−3,900→ 0 total
Exercise: $0.00→ Common Stock (3,900 underlying)
Exercise/Conversion
Common Stock
2009-02-06+3,900→ 19,517 total
Award
Performance-Based Restricted Stock Rights
2009-02-06+3,480→ 3,480 total
Exercise: $0.00→ Common Stock (3,480 underlying)

Holdings

Footnotes (6)

[F1]Represents shares of common stock acquired by the reporting person through the vesting of performance-based restricted stock rights granted on February 13, 2006.
[F2]These performance-based restricted stock rights vested upon approval of the Board of Directors on February 6, 2009 based on the Company achieving a financial performance goal for the three-year period ending December 31, 2008.
[F3]Includes 4 shares of common stock acquired by the reporting person under the Company's dividend reinvestment plan since the date of the reporting person's last Section 16 filing.
[F4]Represents shares of common stock withheld upon the vesting of the performance-based restricted stock rights issued on February 13, 2006 for the payment of the related tax liability.
[F5]The stock options vest in three equal installments on February 6, 2010, February 6, 2011 and February 6, 2012.
[F6]Each performance-based restricted stock right represents a contingent right to receive one share of Ryder common stock based on the Company achieving a financial performance goal for the three-year performance period ending December 31, 2011. Performance-based restricted stock rights that do not vest will be cancelled.

Documents

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