X0206 3 2015-03-16 0 0000085961 RYDER SYSTEM INC R 0001630816 Sensing John S. 11690 N.W. 105TH STREET MIAMI FL 33178 0 1 0 0 President, Global Supply Chain Common Stock 8502 D Common Stock 226 I By Ryder Employee Savings Plan Stock Option (right to buy) 58.21 2016-02-08 2023-02-07 Common Stock 1042 D Stock Option (right to buy) 71.43 2024-02-06 Common Stock 2490 D Stock Option (right to buy) 93.51 2025-02-11 Common Stock 11920 D Performance-Based Restricted Stock Rights 0.00 Common Stock 388 D Performance-Based Restricted Stock Rights 0.00 Common Stock 409 D Performance-Based Restricted Stock Rights 0.00 Common Stock 2355 D Includes 7,500 time-based restricted stock rights that will vest on February 7, 2016, 375 time-based restricted stock rights that will vest on February 8, 2016 and 390 time-based restricted stock rights that will vest on February 7, 2017. 1,245 stock options will vest on February 7, 2016 and 1,245 stock options will vest on February 7, 2017. The stock options will vest in three equal installments on February 12, 2016, February 12, 2017 and February 12, 2018. The performance cycle for the performance-based restricted stock rights (PBRSRs) is segmented into three performance periods. The performance cycle ends on December 31, 2015. All PBRSRs earned will vest upon Board approval in February 2016. Any unearned PBRSRs will be forfeited. 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. As of December 31, 2014 263 PBRSRs have been earned. The performance cycle for the performance-based restricted stock rights (PBRSRs) is segmented into three performance periods. The performance cycle ends on December 31, 2016. All PBRSRs earned will vest upon Board approval in February 2017. Any unearned PBRSRs will be forfeited. 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. As of December 31, 2014 149 PBRSRs have been earned. The performance cycle for the performance-based restricted stock rights (PBRSRs) is segmented into three performance periods. The performance cycle ends on December 31, 2017. All PBRSRs earned will vest upon Board approval in February 2018. Any unearned PBRSRs will be forfeited. 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. /s/Flora R. Perez by power of attorney 2015-03-23