ROBERT E. SANCHEZ - 11 Feb 2022 Form 4 Insider Report for RYDER SYSTEM INC (R)

Role
Chair and CEO, Director
Signature
/s/ Robert D. Fatovic, by power of attorney
Issuer symbol
R
Transactions as of
11 Feb 2022
Net transactions value
-$2,210,644
Form type
4
Filing time
15 Feb 2022, 15:18:10 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 $1,949,841 -26,496 -13% $73.59 182,000 11 Feb 2022 Direct F1
transaction R common stock Award $0 +67,353 +37% $0.000000 249,353 11 Feb 2022 Direct F2
transaction R common stock Award $0 +28,264 +11% $0.000000 277,617 11 Feb 2022 Direct F3
transaction R common stock Tax liability $260,803 -3,544 -1.3% $73.59 274,073 12 Feb 2022 Direct F4
holding R common stock 25,973 11 Feb 2022 By Ryder Employee Savings Plan
holding R common stock 3,371 11 Feb 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.