Sanford J. Hodes Form 3 RYDER SYSTEM / SANFORD J. HODES ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

HODES SANFORD J.

(Last) (First) (Middle)

11690 NW 105TH STREET

(Street)

MIAMI FL 33178

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
10/03/2022

3. Issuer Name and Ticker or Trading Symbol
RYDER SYSTEM INC [ R ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
SVP, Chief Procurement Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Commom Stock	23,467(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	02/12/2017(2)	02/12/2024	common stock	3,750	71.43	D
Stock Option (right to buy)	02/10/2018(3)	02/10/2025	common stock	3,360	93.51	D
Stock Option (right to buy)	02/21/2020(4)	02/21/2027	common stock	4,370	76.49	D
Stock Option (right to buy)	02/21/2021(5)	02/21/2028	common stock	3,240	74.72	D

Explanation of Responses:

1. Includes 892 time-based restricted rights (TBRSRs) that will vest on February 18, 2023; 882 TBRSRs that will vest on each of February 12, 2023 and February 12, 2024; 777 TBRSRs that will vest on each of February 11, 2023, February 11, 2024, and February 11, 2025; and 7,500 TBRSRs that will vest on October 1, 2023.

2. The options vested in three equal annual installments beginning on February 7, 2015.

3. The options vested in three equal annual installments beginning on February 12, 2016.

4. The options vested in three equal annual installments beginning on February 10, 2018.

5. The options vested in three equal annual installments beginning on February 21, 2019.

Remarks:

	/s/ Robert D. Fatovic, by power of attorney	10/04/2022
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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