0000085961-17-000023.txt : 20170214 0000085961-17-000023.hdr.sgml : 20170214 20170214210451 ACCESSION NUMBER: 0000085961-17-000023 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170210 FILED AS OF DATE: 20170214 DATE AS OF CHANGE: 20170214 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: RYDER SYSTEM INC CENTRAL INDEX KEY: 0000085961 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-AUTO RENTAL & LEASING (NO DRIVERS) [7510] IRS NUMBER: 590739250 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 11690 N.W. 105TH STREET CITY: MIAMI STATE: FL ZIP: 33178 BUSINESS PHONE: 3055003726 MAIL ADDRESS: STREET 1: 11690 N.W. 105TH STREET CITY: MIAMI STATE: FL ZIP: 33178 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Lopez Francisco Jr. CENTRAL INDEX KEY: 0001676165 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-04364 FILM NUMBER: 17612630 MAIL ADDRESS: STREET 1: 11690 N.W. 105TH STREET CITY: MIAMI STATE: FL ZIP: 33178 4 1 wf-form4_148712427767360.xml FORM 4 X0306 4 2017-02-10 0 0000085961 RYDER SYSTEM INC R 0001676165 Lopez Francisco Jr. 11690 N.W. 105 STREET MIAMI FL 33178 0 1 0 0 SVP & Chief HR Officer Commom Stock 2017-02-10 4 M 0 362 0 A 5449 D Performance-Based Restricted Stock Rights 0.0 2017-02-10 4 M 0 420 0 D common stock 0.0 0 D Stock Option (right to buy) 76.49 2017-02-10 4 A 0 12730 0 A 2027-02-09 common stock 12730.0 12730 D Performance-Based Restricted Stock Rights 0.0 2017-02-10 4 A 0 3920 0 A common stock 3920.0 3920 D With respect to the performance-based restricted stock rights (PBRSRs) for the first, second and third performance periods, 161 shares, 124 shares and 77 shares were earned respectively. The performance cycle for the PBRSRs was segmented into three performance periods. The performance cycle ended on December 31, 2016. The PBRSRs earned for each performance period vested upon Board approval on February 10, 2017. The stock options vest in three equal installments on February 10, 2018, February 10, 2019 and February 10, 2020. The PBRSRs represent a contingent right to receive that number of shares of Ryder common stock equal to a maximum of 125% of the number of PBRSRs granted based on the Company achieving certain threshold, target or maximum performance goals. This amount represents the number of shares that will be earned assuming target performance levels. The performance cycle for one half of the PBRSRs is segmented into three performance periods of one, two and three years. The performance period for the other half is segmented into three equal one-year performance periods. The performance cycle ends on December 31, 2019. PBRSRs that do not vest will be cancelled. /s/ Julie A. Azuaje by power of attorney 2017-02-14