Home > Insider Trading > Filing (0001127602-14-030665)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
853816	Landstar System Inc	LSTR	Trucking (No Local) (4213)	061313069

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1311764	S Larry Thomas	13410 Sutton Park Drive South Jacksonville FL 32224	Vice President - Cio	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2014-10-29	258	$44.32	2,507	No	4	M	Direct
Common Stock	Acquisiton	2014-10-29	3,608	$41.57	6,115	No	4	M	Direct
Common Stock	Acquisiton	2014-10-29	1,272	$39.32	7,387	No	4	M	Direct
Common Stock	Acquisiton	2014-10-29	3,492	$44.32	10,879	No	4	M	Direct
Common Stock	Acquisiton	2014-10-29	8,893	$41.57	19,772	No	4	M	Direct
Common Stock	Acquisiton	2014-10-29	6,229	$39.32	26,001	No	4	M	Direct
Common Stock	Acquisiton	2014-10-29	4,000	$51.99	30,001	No	4	M	Direct
Common Stock	Disposition	2014-10-29	17,101	$74.51	12,900	No	4	F	Direct
Common Stock	Disposition	2014-10-30	5,400	$73.74	7,500	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	M	Direct
No	4	M	Direct
No	4	M	Direct
No	4	M	Direct
No	4	M	Direct
No	4	M	Direct
No	4	F	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Options (Right to Buy)	Disposition	2014-10-29	258	$0.00	258	$44.32
Common Stock	Stock Options (Right to Buy)	Disposition	2014-10-29	3,608	$0.00	3,608	$41.57
Common Stock	Stock Options (Right to Buy)	Disposition	2014-10-29	1,272	$0.00	1,272	$39.32
Common Stock	Stock Options (Right to Buy)	Disposition	2014-10-29	3,492	$0.00	3,492	$44.32
Common Stock	Stock Options (Right to Buy)	Disposition	2014-10-29	8,893	$0.00	8,893	$41.57
Common Stock	Stock Options (Right to Buy)	Disposition	2014-10-29	6,229	$0.00	6,229	$39.32
Common Stock	Stock Options (Right to Buy)	Disposition	2014-10-29	4,000	$0.00	4,000	$51.99

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
3,492		2017-02-01	No	4	M	Direct
8,893		2018-01-02	No	4	M	Direct
6,229	2014-01-02	2019-01-02	No	4	M	Direct
0		2017-02-01	No	4	M	Direct
0		2018-01-02	No	4	M	Direct
0	2014-01-02	2019-01-02	No	4	M	Direct
6,000		2022-02-06	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	389	Indirect	By Landstar System, Inc 401(k) Savings Plan

Footnotes

Represents shares withheld to pay the exercise price and tax withholding obligations.
The price reported is the weighted average sale price for the transactions reported. The prices received ranged from $73.20 to $74.50. 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.
Since the date of the reporting person's last ownership report, he transferred 50 percent of the shares of LSTR common stock in the 401(k) Savings Plan to his ex-wife pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by his ex-wife.
Options became exercisable in three equal annual installments beginning 02/01/2008.
Options became exercisable in five equal annual installments beginning 01/02/2009.
Options became exercisable as to 2,000 shares on each of 02/06/2013 and 02/06/2014.