RYDER SYSTEM INC 4
4 · RYDER SYSTEM INC · Filed Feb 17, 2015
Insider Transaction Report
Form 4
WILLIFORD JOHN H
President, Global Supply Chain
Transactions
- Exercise/Conversion
Common Stock
2015-02-12+2,509→ 20,910 total - Exercise/Conversion
Performance-Based Restricted Stock Rights
2015-02-12−4,795→ 0 totalExercise: $0.00→ Common Stock (0 underlying) - Tax Payment
Common Stock
2015-02-12$93.51/sh−399$37,310→ 20,511 total
Footnotes (3)
- [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 (1,598) were not earned and were therefore cancelled. For the second and third performance periods, 752 shares and 1,757 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.