John J. Gleason - 07 May 2021 Form 4 Insider Report for RYDER SYSTEM INC (R)

Role: EVP & Chief Sales Officer
Signature: /s/ Robert D. Fatovic, by power of attorney
Issuer symbol: R
Transactions as of: 07 May 2021
Net transactions value: -$330,815
Form type: 4
Filing time: 10 May 2021, 17:28:18 UTC
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	R	common stock	Options Exercise	$665,631	+11,435	+38%	$58.21	41,766	07 May 2021	Direct	F1
transaction	R	common stock	Sale	$996,446	-11,435	-27%	$87.14	30,331	07 May 2021	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	R	Stock Option (right to buy)	Options Exercise	$0	-11,435	-100%	$0.000000^*	0	07 May 2021	common stock	11,435	$55.32	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 173 shares of common stock acquired by the reporting person under the Company's Stock Purchase Plan for employees.
F2	This reflects the weighted average price at which the shares were sold. The sale prices ranged from $87.00 to $87.99. The reporting person will provide, upon request by the Commission staff, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F3	The options vested in accordance with the following schedule: 3,811 vested on February 8, 2014, 3,811 vested on February 8, 2015 and 3,811 vested on February 8, 2016.