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RAYONIER INC — Director's Dealing 2008
Jun 9, 2008
31153_dirs_2008-06-09_013a3e1a-bde9-4f85-8dac-2d92416f3368.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: RAYONIER INC (RYN)
CIK: 0000052827
Period of Report: 2008-06-05
Reporting Person: BRANNON TIMOTHY H (SR VP, FOR RESRCS)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2008-06-05 | Common Shares | M | 21366 | $17.06 | Acquired | 187705 | Direct |
| 2008-06-05 | Common Shares | S | 12679 | $47.5 | Disposed | 175026 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2008-06-05 | Employee Stock Option | $17.06 | M | 21366 | Disposed | 2009-01-06 | Common Shares (21366) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares | 34963.9102 | Indirect |
Footnotes
F1: Shares are held in the Rayonier Investment and Savings Plan, a 401(k) plan, for this person's account.
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