SEC FORM
4
SEC Form 4
| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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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| OMB APPROVAL |
| OMB Number: |
3235-0287 |
| Estimated average burden |
| hours per response: |
0.5 |
|
|
 |
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b). |
1. Name and Address of Reporting Person*
| 13410 SUTTON PARK DRIVE SOUTH |
|
(Street)
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2. Issuer Name and Ticker or Trading Symbol
LANDSTAR SYSTEM INC
[ LSTR ]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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Director |
|
10% Owner |
| X |
Officer (give title below) |
|
Other (specify below) |
|
Vice President - CIO
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|
3. Date of Earliest Transaction
(Month/Day/Year)
08/01/2005
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4. If Amendment, Date of Original Filed
(Month/Day/Year)
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6. Individual or Joint/Group Filing (Check Applicable Line)
| X |
Form filed by One Reporting Person |
|
Form filed by More than One Reporting Person |
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
|---|
| 1. Title of Security (Instr.
3)
|
2. Transaction Date
(Month/Day/Year) |
2A. Deemed Execution Date, if any
(Month/Day/Year) |
3. Transaction Code (Instr.
8)
|
4. Securities Acquired (A) or Disposed Of (D) (Instr.
3, 4 and 5)
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5.
Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr.
3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr.
4)
|
7. Nature of Indirect Beneficial Ownership (Instr.
4)
|
| Code |
V |
Amount |
(A) or (D) |
Price |
| Common Stock |
08/01/2005 |
08/01/2005 |
S |
|
900 |
D |
$32.65
|
23,504 |
D |
|
| Common Stock |
08/01/2005 |
08/01/2005 |
S |
|
1,100 |
D |
$32.73
|
22,404 |
D |
|
| Common Stock |
08/01/2005 |
08/01/2005 |
S |
|
4,900 |
D |
$32.75
|
17,504 |
D |
|
| Common Stock |
08/01/2005 |
08/01/2005 |
S |
|
2,100 |
D |
$32.78
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15,404 |
D |
|
| Common Stock |
08/01/2005 |
08/01/2005 |
S |
|
520 |
D |
$32.84
|
14,884 |
D |
|
| Common Stock |
08/01/2005 |
08/01/2005 |
S |
|
1,000 |
D |
$32.88
|
13,884 |
D |
|
| Common Stock |
08/01/2005 |
08/01/2005 |
S |
|
1,500 |
D |
$32.93
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12,384 |
D |
|
| Common Stock |
08/01/2005 |
08/01/2005 |
S |
|
1,200 |
D |
$32.94
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11,184 |
D |
|
| Common Stock |
08/01/2005 |
08/01/2005 |
S |
|
1,280 |
D |
$32.95
|
9,904 |
D |
|
| Common Stock |
|
|
|
|
|
|
|
864 |
I |
By Landstar System, Inc 401(k) Savings Plan |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
|
|---|
| 1. Title of Derivative Security (Instr.
3)
|
2. Conversion or Exercise Price of Derivative Security
|
3. Transaction Date
(Month/Day/Year) |
3A. Deemed Execution Date, if any
(Month/Day/Year) |
4. Transaction Code (Instr.
8)
|
5.
Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr.
3, 4 and 5)
|
6. Date Exercisable and Expiration Date
(Month/Day/Year) |
7. Title and Amount of Securities Underlying Derivative Security (Instr.
3 and 4)
|
8. Price of Derivative Security (Instr.
5)
|
9.
Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr.
4)
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10. Ownership Form: Direct (D) or Indirect (I) (Instr.
4)
|
11. Nature of Indirect Beneficial Ownership (Instr.
4)
|
| Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
| Explanation of Responses: |
|
Robert C. LaRose, Attorney-in-fact |
08/02/2005 |
|
** 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
4
(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). |
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure. |
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |
LANDSTAR SYSTEM, INC.
Section 16 Reporting
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that the undersigned does hereby make,
constitute and appoint Henry H. Gerkens, Robert C. LaRose and James B.
Gattoni and each of them, with full power in each to act without the other,
his true and lawful attorney, in his name, place and stead to execute on his
behalf, as a Director and/or Officer of Landstar System, Inc. (the "Company")
for purposes of Section 16 ("Section 16") of the Securities Exchange Act of
1934, as amended (the "Exchange Act"), all Forms 3, 4, and 5 (including any
amendments thereto) that the undersigned may be required to file with the
Securities and Exchange Commission (the "SEC") pursuant to Section 16, and any
and all other instruments that such attorneys, or any of them, deem necessary
or advisable to enable the undersigned to comply with the Exchange Act, and
the rules, regulations and requirements of any securities exchange or the
National Association of Securities Dealers, Inc. and the securities laws of
any state or other governmental subdivision, giving and granting to each of
such attorneys full power and authority to do and perform each and every act
and thing whatsoever necessary or appropriate to be done in furtherance of
such purposes as fully as he could himself do if personally present at the
doing thereof, with full power of substitution and revocation, hereby ratifying
and confirming all that his said attorneys or substitutes may or shall lawfully
do or cause to be done by virtue hereof. This power of attorney shall remain in
effect as long as the undersigned is subject to Section 16 with respect to the
Company, and shall not be affected by the subsequent disability or
incompetence of the undersigned.
IN WITNESS WHEREOF, the undersigned has hereunto set his hand on
the date indicated below.
/s/ Larry S. Thomas
Larry S. Thomas
DATED: ______12/14/04___________
