THOMAS M. HAVENS - 10 Feb 2023 Form 4 Insider Report for RYDER SYSTEM INC (R)

Signature
/s/ Robert D. Fatovic, by power of attorney
Issuer symbol
R
Transactions as of
10 Feb 2023
Net transactions value
-$387,456
Form type
4
Filing time
14 Feb 2023, 15:32:29 UTC
Previous filing
16 Nov 2022
Next filing
01 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction R common stock Tax liability $226,610 -2,350 -7.8% $96.43 27,604 10 Feb 2023 Direct F1, F2
transaction R common stock Award $0 +4,736 +17% $0.000000 32,340 10 Feb 2023 Direct F3
transaction R common stock Award $0 +7,466 +23% $0.000000 39,806 10 Feb 2023 Direct F4
transaction R common stock Tax liability $84,858 -880 -2.2% $96.43 38,926 11 Feb 2023 Direct F5
transaction R common stock Tax liability $75,987 -788 -2% $96.43 38,138 12 Feb 2023 Direct F6
* 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 Includes 42 shares of common stock acquired by the reporting person under the Company's dividend reinvestment plan.
F3 With respect to PBRSRs, 4,736 shares were earned out of the 3,543 shares that were granted on February 18, 2020. The PBRSRs vested upon Board approval.
F4 Represents time-based restricted stock rights granted to the reporting person by the Company, which vest ratably over a term of three years.
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 11, 2022.
F6 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.