Rajeev Ravindran - Feb 10, 2023 Form 4 Insider Report for RYDER SYSTEM INC (R)

Role
EVP & CIO
Signature
/s/ Robert D. Fatovic, by power of attorney
Stock symbol
R
Transactions as of
Feb 10, 2023
Transactions value $
-$590,344
Form type
4
Date filed
2/14/2023, 03:13 PM
Previous filing
Nov 29, 2022
Next filing
Feb 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction R common stock Tax liability -$528K -5.48K -53.31% $96.43 4.8K Feb 10, 2023 Direct F1, F2
transaction R common stock Award $0 +10.1K +211.18% $0.00 14.9K Feb 10, 2023 Direct F3
transaction R common stock Award $0 +2.28K +15.28% $0.00 17.2K Feb 10, 2023 Direct F4
transaction R common stock Tax liability -$32.7K -339 -1.97% $96.43 16.9K Feb 11, 2023 Direct F5
transaction R common stock Tax liability -$29.7K -308 -1.83% $96.43 16.6K Feb 12, 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 51 shares of common stock acquired by the reporting person under the Company's dividend reinvestment plan.
F3 With respect to PBRSRs, 10,128 shares were earned out of the 6,241 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.