Robert E. Sanchez - Feb 11, 2022 Form 4 Insider Report for RYDER SYSTEM INC (R)

Role
Chair and CEO, Director
Signature
/s/ Robert D. Fatovic, by power of attorney
Stock symbol
R
Transactions as of
Feb 11, 2022
Transactions value $
-$2,210,644
Form type
4
Date filed
2/15/2022, 03:18 PM
Previous filing
Feb 9, 2022
Next filing
Feb 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction R common stock Tax liability -$1.95M -26.5K -12.71% $73.59 182K Feb 11, 2022 Direct F1
transaction R common stock Award $0 +67.4K +37.01% $0.00 249K Feb 11, 2022 Direct F2
transaction R common stock Award $0 +28.3K +11.33% $0.00 278K Feb 11, 2022 Direct F3
transaction R common stock Tax liability -$261K -3.54K -1.28% $73.59 274K Feb 12, 2022 Direct F4
holding R common stock 26K Feb 11, 2022 By Ryder Employee Savings Plan
holding R common stock 3.37K Feb 11, 2022 By Ryder Deferred Compensation Plan
* 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, 67,353 shares were earned out of the 44,544 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.