-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, VdRFKOVm3768ReisNTOX0u5+xC3fMkcTH4WBkVgwh+JHoGk3mKpfI3HOVQ4+XOan LdCZPvocXfSPxpmgh8skgg== 0000853816-07-000010.txt : 20070504 0000853816-07-000010.hdr.sgml : 20070504 20070504154648 ACCESSION NUMBER: 0000853816-07-000010 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070502 FILED AS OF DATE: 20070504 DATE AS OF CHANGE: 20070504 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GERKENS HENRY H CENTRAL INDEX KEY: 0001021060 STANDARD INDUSTRIAL CLASSIFICATION: TRUCKING (NO LOCAL) [4213] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-21238 FILM NUMBER: 07820287 BUSINESS ADDRESS: BUSINESS PHONE: 904 398 9400 MAIL ADDRESS: STREET 1: 13410 SUTTON PARK DRIVE SOUTH STREET 2: 13410 SUTTON PARK DRIVE SOUTH CITY: JACKSONVILLE STATE: FL ZIP: 32224 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: LANDSTAR SYSTEM INC CENTRAL INDEX KEY: 0000853816 STANDARD INDUSTRIAL CLASSIFICATION: TRUCKING (NO LOCAL) [4213] IRS NUMBER: 061313069 STATE OF INCORPORATION: DE FISCAL YEAR END: 1226 BUSINESS ADDRESS: STREET 1: 13410 SUTTON PARK DRIVE SOUTH CITY: JACKSONVILLE STATE: FL ZIP: 32224 BUSINESS PHONE: 9043901234 MAIL ADDRESS: STREET 1: LANDSTAR SYSTEM INC STREET 2: 13410 SUTTON PARK DRIVE SOUTH CITY: JACKSONVILLE STATE: FL ZIP: 32224 4 1 doc.xml PRIMARY DOCUMENT X0202 4 2007-05-02 0000853816 LANDSTAR SYSTEM INC LSTR 0001021060 GERKENS HENRY H 13410 SUTTON PARK DRIVE SOUTH JACKSONVILLE FL 32224 1 1 0 0 President & CEO Common Stock 2007-05-02 4 M 0 29410 19.025 A 129410 D Common Stock 2007-05-03 4 M 0 117616 37.3088 A 247026 D Common Stock 2007-05-03 4 S 0 400 50.03 D 246626 D Common Stock 2007-05-03 4 S 0 102324 50.06 D 144302 D Common Stock 2007-05-03 4 S 0 7900 50.07 D 136402 D Common Stock 2007-05-03 4 S 0 9824 50.08 D 126578 D Common Stock 2007-05-03 4 S 0 4436 50.09 D 122142 D Common Stock 2007-05-03 4 S 0 2700 50.1 D 119442 D Common Stock 2007-05-03 4 S 0 2600 50.11 D 116842 D Common Stock 2007-05-03 4 S 0 600 50.12 D 116242 D Common Stock 2007-05-03 4 S 0 1442 50.13 D 114800 D Common Stock 2007-05-03 4 S 0 100 50.14 D 114700 D Common Stock 2007-05-03 4 S 0 649 50.15 D 114051 D Common Stock 2007-05-03 4 S 0 200 50.16 D 113851 D Common Stock 2007-05-03 4 S 0 139 50.17 D 113712 D Common Stock 2007-05-03 4 S 0 200 50.19 D 113512 D Common Stock 2007-05-03 4 S 0 100 50.2 D 113412 D Common Stock 2007-05-03 4 S 0 100 50.21 D 113312 D Common Stock 2007-05-03 4 S 0 100 50.22 D 113212 D Common Stock 2007-05-03 4 S 0 100 50.23 D 113112 D Common Stock 2007-05-03 4 S 0 200 50.27 D 112912 D Common Stock 2007-05-03 4 S 0 112 50.29 D 112800 D Stock Options (Right to buy) 19.025 2007-05-02 4 M 0 29410 0 D 2007-01-02 2014-01-02 Common Stock 29410 5256 D Stock Options (Right to buy) 37.3088 2007-05-03 4 M 0 117616 0 D 2015-01-03 Common Stock 117616 82384 D The stock option exercises and sales of common stock reported on this Form 4 were effected pursuant to a rule 10b5-1 trading plan adopted by the reporting person. Options became exercisable as to 66,667 shares on 1/3/2006 and 50,949 shares on 1/3/2007. L. Kevin Stout, Attorney-in-fact 2007-05-04 EX-24 2 powerofattorney.txt POWER OF ATTORNEY LETTER Power of Attorney Know all by these presents, that the undersigned hereby constitutes and appoints each of James B. Gattoni, Michael K. Kneller and L. Kevin Stout, signing singly, the undersigned's true and lawful attorney-in-fact to: (1) prepare, execute in the undersigned's name and on the undersigned's behalf, and submit to the U.S. Securities and Exchange Commission (the "SEC") a Form ID, including amendments thereto, and any other documents necessary or appropriate to obtain codes and passwords enabling the undersigned to make electronic filings with the SEC of reports required by Section 16(a) of the Securities Exchange Act of 1934 or any rule or regulation of the SEC; (2) execute for and on behalf of the undersigned, in the undersigned's capacity as an officer and/or director of Landstar System, Inc. (the "Company"), Forms 3, 4, and 5 in accordance with Section 16(a) of the Securities Act of 1934 and the rules thereunder, and any other forms or reports the undersigned may be required to file in connection with the undersigned's ownership, acquisition, or disposition of securities of the company; (3) do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4, or 5, or other form of report, and timely file such form or report with the SEC and any stock exchange or similar authority; and (4) take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact's discretion. The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact's substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming, any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934. This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4, and 5 with respect to the undersigned's holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact. IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as this 26th day of February, 2007. /s/ Henry H. Gerkens Signature Henry H. Gerkens Print Name -----END PRIVACY-ENHANCED MESSAGE-----