0001127602-16-067740.txt : 20161118 0001127602-16-067740.hdr.sgml : 20161118 20161118160516 ACCESSION NUMBER: 0001127602-16-067740 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20161116 FILED AS OF DATE: 20161118 DATE AS OF CHANGE: 20161118 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: 1229 BUSINESS ADDRESS: STREET 1: 13410 SUTTON PARK DRIVE SOUTH CITY: JACKSONVILLE STATE: FL ZIP: 32224 BUSINESS PHONE: 9043901224 MAIL ADDRESS: STREET 1: LANDSTAR SYSTEM INC STREET 2: 13410 SUTTON PARK DRIVE SOUTH CITY: JACKSONVILLE STATE: FL ZIP: 32224 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Thomas Larry S CENTRAL INDEX KEY: 0001311764 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-21238 FILM NUMBER: 162007855 MAIL ADDRESS: STREET 1: 13410 SUTTON PARK DRIVE SOUTH CITY: JACKSONVILLE STATE: FL ZIP: 32224 4 1 form4.xml PRIMARY DOCUMENT X0306 4 2016-11-16 0000853816 LANDSTAR SYSTEM INC LSTR 0001311764 Thomas Larry S 13410 SUTTON PARK DRIVE SOUTH JACKSONVILLE FL 32224 1 Vice President - CIO Common Stock 2016-11-16 4 M 0 8026 37.07 A 28371 D Common Stock 2016-11-16 4 M 0 6929 41.80 A 35300 D Common Stock 2016-11-16 4 M 0 4000 51.99 A 39300 D Common Stock 2016-11-16 4 F 0 13675 80.65 D 25625 D Common Stock 2016-11-16 4 M 0 1348 37.07 A 26973 D Common Stock 2016-11-16 4 M 0 1196 41.80 A 28169 D Common Stock 2016-11-16 4 S 0 5035 80.5689 D 23134 D Common Stock 2016-11-17 4 S 0 245 80.586 D 22889 D Common Stock 389 I By Landstar System, Inc 401(k) Savings Plan Stock Options (Right to Buy) 37.07 2016-11-16 4 M 0 8026 0 D 2020-01-29 Common Stock 8026 1348 D Stock Options (Right to Buy) 41.80 2016-11-16 4 M 0 6929 0 D 2021-02-03 Common Stock 6929 1196 D Stock Options (Right to Buy) 51.99 2016-11-16 4 M 0 4000 0 D 2022-02-06 Common Stock 4000 2000 D Stock Options (Right to Buy) 37.07 2016-11-16 4 M 0 1348 0 D 2020-01-29 Common Stock 1348 0 D Stock Options (Right to Buy) 41.80 2016-11-16 4 M 0 1196 0 D 2021-02-03 Common Stock 1196 0 D Represents shares withheld to pay the exercise price and tax withholding obligations. The price reported is the weighted average sale price for the transactions reported. The prices received ranged from $80.53 to $80.60. The reporting person will provide to the issuer, a security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each price within the range. Options became exercisable as to 1,875 shares on each of 01/29/2011, 01/29/2012, 01/29/2013 and 01/29/2014 and 526 shares on 01/29/2015. Options became exercisable as to 1,625 shares on each of 02/03/2012, 02/03/2013, 02/03/2014 and 02/03/2015 and 429 shares on 02/03/2016. Options became exercisable as to 2,000 shares on each of 02/06/2015 and 02/06/2016. Options became exercisable as to 1,348 shares on 01/29/2015. Options became exercisable as to 1,196 shares on 02/03/2016. /s/ James P. Todd, attorney-in-fact 2016-11-18