X0306 4 2016-02-10 0 0000085961 RYDER SYSTEM INC R 0001226438 GREENE GREGORY F 11690 N.W. 105 STREET MIAMI FL 33178 0 1 0 0 EVP and CAO Common Stock 2016-02-10 4 M 0 3859 0.00 A 12304 D Performance-Based Restricted Stock Rights 0.00 2016-02-10 4 M 0 3850 0.00 D Common Stock 0 0 D Includes 163 shares of common stock acquired by the reporting person under the Company's dividend reinvestment plan. With respect to the performance-based restricted stock rights (PBRSRs) for the first, second and third performance periods, 1,303 shares, 1,538 shares and 1,018 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. /s/ Julie A. Azuaje by power of attorney 2016-02-12