Francisco Lopez Jr. - Feb 10, 2023 Form 4 Insider Report for RYDER SYSTEM INC (R)

Role
EVP & Chief HR Officer
Signature
/s/ Robert D. Fatovic, by power of attorney
Stock symbol
R
Transactions as of
Feb 10, 2023
Transactions value $
-$852,152
Form type
4
Date filed
2/14/2023, 02:54 PM
Previous filing
Jan 3, 2023
Next filing
Mar 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction R common stock Tax liability -$746K -7.74K -30.96% $96.43 17.3K Feb 10, 2023 Direct F1
transaction R common stock Award $0 +11.8K +68.18% $0.00 29K Feb 10, 2023 Direct F2
transaction R common stock Award $0 +3.73K +12.86% $0.00 32.8K Feb 10, 2023 Direct F3
transaction R common stock Tax liability -$55.1K -571 -1.74% $96.43 32.2K Feb 11, 2023 Direct F4
transaction R common stock Tax liability -$50.8K -527 -1.64% $96.43 31.7K Feb 12, 2023 Direct F5
* 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 18, 2020.
F2 With respect to PBRSRs, 11,765 shares were earned out of the 7,802 shares that were granted on February 18, 2020. 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 11, 2022.
F5 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.