4//SEC Filing
RYDER SYSTEM INC 4
Accession 0001209191-15-014416
$RCIK 0000085961operating
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 3:20 PM ET
Size
14.4 KB
Accession
0001209191-15-014416
Insider Transaction Report
Form 4
GREENE GREGORY F
EVP and Chief HR Officer
Transactions
- Award
Stock Option (right to buy)
2015-02-12+17,335→ 17,335 totalExercise: $93.51Exp: 2025-02-11→ Common Stock (17,335 underlying) - Exercise/Conversion
Common Stock
2015-02-12+1,893→ 8,715 total - Tax Payment
Common Stock
2015-02-12$93.51/sh−433$40,490→ 8,282 total - Exercise/Conversion
Performance-Based Restricted Stock Rights
2015-02-12−3,620→ 0 totalExercise: $0.00→ Common Stock (0 underlying) - Award
Performance-Based Restricted Stock Rights
2015-02-12+3,420→ 3,420 totalExercise: $0.00→ Common Stock (3,420 underlying)
Footnotes (7)
- [F1]Represents shares of common stock withheld by the Company for the payment of taxes due upon the vesting of PBRSRs on February 12, 2015.
- [F2]The PBRSRs for the first performance period (1,206) were not earned and were therefore cancelled. For the second and third performance periods, 567 shares and 1,326 shares were earned, respectively.
- [F3]The performance cycle for the performance-based restricted stock rights (PBRSRs) was segmented into three performance periods. The performance cycle ended on December 31, 2014. The PBRSRs earned for each performance period vested upon Board approval on February 12, 2015.
- [F4]The stock options vest in three equal installments on February 12, 2016, February 12, 2017 and February 12, 2018.
- [F5]The PBRSRs represent a contingent right to receive that number of shares of Ryder common stock equal to a maximum of 125% of the number of PBRSRs granted based on the Company achieving certain threshold, target or maximum performance goals.
- [F6]This amount represents the number of shares that will be earned assuming target performance levels.
- [F7]The performance cycle for one half of the performance-based restricted stock rights (PBRSRs) is segmented into three performance periods of one, two and three years. The performance period for the other half is segmented into three equal one-year performance periods. The performance cycle ends on December 31, 2017. PBRSRs that do not vest will be cancelled.
Documents
Issuer
RYDER SYSTEM INC
CIK 0000085961
Entity typeoperating
IncorporatedFL
Related Parties
1- filerCIK 0000085961
Filing Metadata
- Form type
- 4
- Filed
- Feb 16, 7:00 PM ET
- Accepted
- Feb 17, 3:20 PM ET
- Size
- 14.4 KB