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RAYONIER INC — Director's Dealing 2011
Dec 22, 2011
31153_dirs_2011-12-22_5f5df1a3-efa8-4462-9b29-969de5d01b4e.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: 2011-12-20
Reporting Person: MARGIOTTA CHARLES (SR VP, REAL ESTATE)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-03-04 | Common Shares | G | 400.0000 | $0.0000 | Disposed | 121260.2354 | Direct |
| 2011-03-04 | Common Shares | G | 400.0000 | $0.0000 | Disposed | 120860.2354 | Direct |
| 2011-12-20 | Common Shares | M | 21600.0000 | $27.5600 | Acquired | 202890.3531 | Direct |
| 2011-12-20 | Common Shares | S | 21600.0000 | $42.1354 | Disposed | 181290.3531 | Direct |
| 2011-03-04 | Common Shares | G | 400.0000 | $0.0000 | Acquired | 600.0000 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-12-20 | Employee Stock Option | $27.5600 | M | 21600.0000 | Disposed | 2016-01-03 | Common Shares (21600.0000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares | 9451.5963 | Indirect |
Footnotes
F1: This transaction involved a gift of securities by the reporting person to his son, who shares reporting person's household. The reporting person disclaims beneficial ownership of the shares held by his son, and this report should not be deemed an admission that the reporting person is the beneficial owner of his son's shares for purposes of Section 16 or for any other purpose.
F2: This transaction was executed in multiple trades at prices ranging from $42.005 to $42.35. The price reported above reflects the weighted average sale price. Upon written request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price is available.
F3: Includes 880.8531 shares acquired under the Rayonier Dividend Reinvestment Plan and was adjusted to reflect a 3-for-2 stock split effective 8/24/2011.
F4: Adjusted to reflect a 3-for-2 stock split effective 8/24/2011.
F5: Shares are held in the Rayonier Investment and Savings Plan, a 401(k) plan, for this person's account.
F6: This option was previously reported as covering 14, 400 shares at an exercise price of $41.34 per share, but was adjusted to reflect the stock split on 8/24/2011.
F7: The option vests in three equal annual installments beginning on 1/3/07.