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RAYONIER INC — Director's Dealing 2012
Jun 19, 2012
31153_dirs_2012-06-19_da07fc84-5b0d-45c2-8d5f-feaabd08717e.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: 2012-06-15
Reporting Person: Frazier W. Edwin III (SR VP, CAO & Corp Sec)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-06-15 | Common Shares | M | 6450.0000 | $27.3600 | Acquired | 223898.0000 | Direct |
| 2012-06-15 | Common Shares | S | 6450.0000 | $43.2000 | Disposed | 217448.0000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-06-15 | Employee Stock Option | $27.3600 | M | 6450.0000 | Disposed | 2017-01-03 | Common Shares (6450.0000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares | 914.8341 | Indirect |
Footnotes
F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 15, 2012, covering his 2007 stock option grant totaling 25,800 shares (adjusted for the August 24, 2011 stock split).
F2: Shares are held in the Rayonier Investment and Savings Plan, a 401(k) plan, for this person's account.
F3: This option was previously reported as covering 17,200 shares at an exercise price of $41.03 per share, but was adjusted for the August 24, 2011 stock split.
F4: The option vests in three equal annual installments beginning on 1/3/08.