Rajeev Ravindran - 11 Feb 2022 Form 4 Insider Report for RYDER SYSTEM INC (R)

Role
SVP & CIO
Signature
/s/ Robert D. Fatovic, by power of attorney
Issuer symbol
R
Transactions as of
11 Feb 2022
Net transactions value
-$208,407
Form type
4
Filing time
15 Feb 2022, 15:12:17 UTC
Previous filing
09 Feb 2022
Next filing
22 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction R common stock Tax liability $184,637 -2,509 -26% $73.59 7,296 11 Feb 2022 Direct F1
transaction R common stock Award $0 +6,266 +86% $0.000000 13,562 11 Feb 2022 Direct F2
transaction R common stock Award $0 +2,717 +20% $0.000000 16,279 11 Feb 2022 Direct F3
transaction R common stock Tax liability $23,770 -323 -2% $73.59 15,956 12 Feb 2022 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock withheld by the Company for the payment of taxes due upon the vesting of performance-based restricted stock rights (PBRSRs) granted to the reporting person on February 8, 2019.
F2 With respect to PBRSRs, 6,266 shares were earned out of the 4,144 shares that were granted on February 8, 2019. The PBRSRs vested upon Board approval.
F3 Represents time-based restricted stock rights granted to the reporting person by the Company, which vest ratably over a term of three years.
F4 Represents shares of common stock withheld by the Company for the payment of taxes due upon the vesting of time-based restricted stock rights granted to the reporting person on February 12, 2021.