Filing Details
- Accession Number:
- 0001209191-12-010133
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-02-14 18:22:26
- Reporting Period:
- 2012-02-10
- Filing Date:
- 2012-02-14
- Accepted Time:
- 2012-02-14 18:22:26
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
85961 | Ryder System Inc | R | Services-Auto Rental & Leasing (No Drivers) (7510) | 590739250 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1183543 | T Gregory Swienton | 11690 N.w. 105Th Street Miami FL 33178 | Chairman & Ceo | Yes | 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 | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2012-02-10 | 25,000 | $42.73 | 125,998 | No | 4 | M | Direct | |
Common Stock | Disposition | 2012-02-10 | 23,800 | $53.74 | 102,198 | No | 4 | S | Direct | |
Common Stock | Disposition | 2012-02-10 | 1,200 | $54.20 | 100,998 | No | 4 | S | Direct | |
Common Stock | Disposition | 2012-02-10 | 630 | $53.63 | 100,368 | No | 4 | F | Direct | |
Common Stock | Acquisiton | 2012-02-13 | 6,437 | $42.73 | 106,805 | No | 4 | M | Direct | |
Common Stock | Disposition | 2012-02-13 | 6,437 | $55.00 | 100,368 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | F | Direct | |
No | 4 | M | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Stock Option (right to buy) | Disposition | 2012-02-10 | 25,000 | $0.00 | 25,000 | $42.73 |
Common Stock | Stock Option (right to buy) | Acquisiton | 2012-02-10 | 111,965 | $0.00 | 111,965 | $53.63 |
Common Stock | Performance-Based Restricted Stock Rights | Acquisiton | 2012-02-10 | 22,840 | $0.00 | 0 | $0.00 |
Common Stock | Stock Option (right to buy) | Disposition | 2012-02-13 | 6,437 | $0.00 | 6,437 | $42.73 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
125,000 | 2013-02-13 | No | 4 | M | Direct | |
111,965 | 2019-02-10 | No | 4 | A | Direct | |
22,840 | No | 4 | A | Direct | ||
118,563 | 2013-02-13 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 30,081 | Indirect | By Grantor Retained Annuity Trust |
Common Stock | 5,136 | Indirect | By Ryder Employee Savings Plan |
Footnotes
- The option exercise and stock sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan established by the Reporting Person on May 5, 2011.
- Includes 536 shares of common stock acquired by the reporting person under the Company's dividend reinbursement plan.
- This reflects the weighted average price at which the shares were sold. The sales prices ranged from $53.13 to $54.12.
- The Reporting Person will provide, upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- This reflects the weighted average price at which the shares were sold. The sales prices ranged from $54.13 to $54.28.
- Represents shares of common stock withheld by the Company for the payment of taxes due upon the vesting of restricted stock rights granted to the reporting person on February 10, 2010.
- Includes 169 shares of common stock acquired by the reporting person under the Company's dividend reinvestment plan.
- The option, representing the right to purchase 175,000 shares, vests in accordance with the following schedule: 58,334 vested on February 13, 2007, 58,333 vested on February 13, 2008 and 58,333 vested on February 13, 2009.
- The stock options vest in three equal installments on February 10, 2013, February 10, 2014 and February 10, 2015.
- The performance cycle for the performance-based restricted stock rights (PBRSRs) is segmented into three equal performance periods of one, two and three years. The PBRSRs earned for each performance period will vest at the end of the three-year cycle ending on December 31, 2014. PBRSRs that do not vest will be cancelled.
- The PBRSRs represent a contingent right to receive that number of shares of Ryder common stock equal to 25% to 125% of the number of PBRSRs based on the Company achieving certain threshold, target or maximum performance goals.