0001209191-16-098361.txt : 20160212
0001209191-16-098361.hdr.sgml : 20160212
20160212211208
ACCESSION NUMBER: 0001209191-16-098361
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160210
FILED AS OF DATE: 20160212
DATE AS OF CHANGE: 20160212
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: JONES KAREN M.
CENTRAL INDEX KEY: 0001586764
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-04364
FILM NUMBER: 161422316
MAIL ADDRESS:
STREET 1: 11690 N.W. 105TH STREET
CITY: MIAMI
STATE: FL
ZIP: 33178
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2016-02-10
0
0000085961
RYDER SYSTEM INC
R
0001586764
JONES KAREN M.
11690 N.W. 105TH STREET
MIAMI
FL
33178
0
1
0
0
EVP & Chief Marketing Officer
Common Stock
2016-02-10
4
M
0
2319
0.00
A
9319
D
Common Stock
74
I
By Ryder Employee Savings Plan
Performance-Based Restricted Stock Rights
0.00
2016-02-10
4
M
0
2315
0.00
D
Common Stock
0
0
D
Stock Option (right to buy)
55.32
2016-02-10
4
A
0
14370
0.00
A
2026-02-09
Common Stock
14370
14370
D
Performance-Based Restricted Stock Rights
0.00
2016-02-10
4
A
0
3255
0.00
A
Common Stock
3255
3255
D
With respect to the performance-based restricted stock rights (PBRSRs) for the first, second and third performance periods, 783 shares, 924 shares and 612 shares were earned, respectively.
The performance cycle for the PBRSRs was segmented into three performance periods. The performance cycle ended on December 31, 2015. The PBRSRs earned for each performance period vested upon Board approval on February 10, 2016.
The stock options vest in three equal installments on February 10, 2017, February 10, 2018 and February 10, 2019.
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, 2018. PBRSRs that do not vest will be cancelled.
/s/ Julie A. Azuaje by power of attorney
2016-02-12