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LANDSTAR SYSTEM INC — Director's Dealing 2016
Jun 7, 2016
31139_dirs_2016-06-07_419a6c0a-30c0-4f2f-a1bc-0a977cabd5c9.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LANDSTAR SYSTEM INC (LSTR)
CIK: 0000853816
Period of Report: 2016-06-03
Reporting Person: Beacom Joseph J (VP, CSO, COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-06-03 | Common Stock | F | 821 | $67.29 | Disposed | 38994 | Direct |
| 2016-06-06 | Common Stock | S | 3987 | $68.10 | Disposed | 35007 | Direct |
| 2016-06-07 | Common Stock | M | 888 | $44.32 | Acquired | 35895 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-06-07 | Stock Options (Right to Buy) | $44.32 | M | 888 | Disposed | 2017-02-01 | Common Stock (888) | Direct |
Footnotes
F1: Represents shares withheld to pay tax withholding obligations.
F2: The price reported is the weighted average sales price for the transactions reported. The prices received ranged from $68.03 to $68.15. The reporting person will provide to the issuer, a security holding of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each price within the range.
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