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4//SEC Filing

GERKENS HENRY H 4

Accession 0001127602-12-004284

CIK 0000853816other

Filed

Feb 6, 7:00 PM ET

Accepted

Feb 7, 11:15 AM ET

Size

11.9 KB

Accession

0001127602-12-004284

Insider Transaction Report

Form 4
Period: 2012-02-03
GERKENS HENRY H
DirectorPresident & CEO
Transactions
  • Exercise/Conversion

    Stock Options (Right to Buy)

    2012-02-03133,334264,261 total
    Exercise: $41.57Exp: 2018-01-02Common Stock (133,334 underlying)
  • Exercise/Conversion

    Common Stock

    2012-02-03$41.57/sh+133,334$5,542,694199,440 total
  • Exercise/Conversion

    Common Stock

    2012-02-03$39.32/sh+66,666$2,621,307266,106 total
  • Tax Payment

    Common Stock

    2012-02-03$52.23/sh172,235$8,995,83493,871 total
  • Exercise/Conversion

    Stock Options (Right to Buy)

    2012-02-0366,66633,334 total
    Exercise: $39.32Exp: 2019-01-02Common Stock (66,666 underlying)
Footnotes (3)
  • [F1]Represents shares withheld to pay the exercise price and tax withholding obligations.
  • [F2]Options became exercisable as to 130,929 shares on 01/02/2011 and 2,405 shares on 01/02/2012.
  • [F3]Options became exercisable as to 33,333 shares each on 01/02/2011 and 01/02/2012.

Issuer

LANDSTAR SYSTEM INC

CIK 0000853816

Entity typeother
IncorporatedDE

Related Parties

1
  • filerCIK 0001021060

Filing Metadata

Form type
4
Filed
Feb 6, 7:00 PM ET
Accepted
Feb 7, 11:15 AM ET
Size
11.9 KB