Sec Form 4 Filing - Beacom Joseph J @ LANDSTAR SYSTEM INC - 2014-03-10

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Beacom Joseph J 2. Issuer Name and Ticker or Trading Symbol LANDSTAR SYSTEM INC [ LSTR] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) VP, CSO, COO (Last) (First) (Middle) 13410 SUTTON PARK DRIVE SOUTH 3. Date of Earliest Transaction (MM/DD/YY) 03/10/2014 (Street) JACKSONVILLE, FL32224 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 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 03/10/2014 M 2,777 A $ 32.13 32,127 D Common Stock 03/10/2014 M 1,600 A $ 43.66 33,727 D Common Stock 03/10/2014 M 6,375 A $ 41.57 40,102 D Common Stock 03/10/2014 M 15,000 A $ 39.32 55,102 D Common Stock 03/10/2014 F 17,699 ( 1 ) D $ 61.57 37,403 D Common Stock 03/10/2014 S 6,800 D $ 61.3839 ( 2 ) 30,603 D

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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: 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 Stock Options (Right to Buy) $ 32.13 03/10/2014 M 2,777 ( 3 ) 01/27/2015 Common Stock 2,777 $ 0 0 D Stock Options (Right to Buy) $ 43.66 03/10/2014 M 1,600 ( 4 ) 02/02/2016 Common Stock 1,600 $ 0 2,400 D Stock Options (Right to Buy) $ 41.57 03/10/2014 M 6,375 ( 5 ) 01/02/2018 Common Stock 6,375 $ 0 0 D Stock Options (Right to Buy) $ 39.32 03/10/2014 M 15,000 01/02/2014 01/02/2019 Common Stock 15,000 $ 0 0 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Beacom Joseph J 13410 SUTTON PARK DRIVE SOUTH JACKSONVILLE, FL32224 VP, CSO, COO Signatures /s/ L. Kevin Stout, attorney-in-fact 03/12/2014 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Represents shares withheld to pay the exercise price and tax withholding obligations. ( 2 )The price reported is the weighted average sales price for the transactions reported. The prices received ranged from $61.27 to $61.86. 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. ( 3 )Options became exercisable as to 659 shares on each of 01/27/2006, 01/27/2007 and 01/27/2008, and as to 800 shares on 01/27/2010. ( 4 )Options became exercisable as to 800 shares each on 02/02/2010 and 02/02/2011. ( 5 )Options became exercisable as to 1,565 shares on 01/02/2011 and as to 2,405 shares each on 01/02/2012 and 01/02/2013.

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).

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