Gleason John J 4
4 · RYDER SYSTEM INC · Filed Feb 12, 2019
Insider Transaction Report
Form 4
Gleason John J
EVP Chief Sales Officer
Transactions
- Tax Payment
common stock
2019-02-08$57.92/sh−642$37,185→ 17,405 total - Exercise/Conversion
common stock
2019-02-08+1,900→ 19,305 total - Award
common stock
2019-02-08+2,244→ 21,549 total - Exercise/Conversion
Performance-Based Restricted Stock Rights
2019-02-08−2,890→ 0 totalExercise: $0.00→ common stock (0 underlying) - Award
Stock Option (right to buy)
2019-02-08+11,074→ 11,074 totalExercise: $57.92Exp: 2029-02-08→ common stock (11,074 underlying)
Footnotes (6)
- [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).
- [F2]Includes 195 shares of common stock acquired by the reporting person under the Company's dividend reinvestment plan since the date of the reporting person's last Section 16 filing.
- [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]With respect to PBRSRs for the first, second and third performance periods, 819 shares, 579 shares and 502 shares were earned, respectively.
- [F5]The performance cycle for the PBRSRs was segmented into three performance periods. The performance cycle ended on December 31, 2018. The PBRSRs earned for each performance period vested upon Board approval on February 8, 2019.
- [F6]The stock options vest in three equal installments on February 8, 2020, February 8, 2021 and February 8, 2022.