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RAYONIER INC — Director's Dealing 2013
Mar 25, 2013
31153_dirs_2013-03-25_cf9d7050-4cc4-4c91-b865-02193cb8a159.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: 2013-03-21
Reporting Person: VANDENNOORT HANS E (SR VP & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-03-21 | Common Shares | M | 7508.0000 | $31.0600 | Acquired | 125429.1407 | Direct |
| 2013-03-21 | Common Shares | S | 7508.0000 | $58.0000 | Disposed | 117921.1407 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-03-21 | Employee Stock Option | $31.0600 | M | 7508.0000 | Disposed | 2018-01-02 | Common Shares (7508.0000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares | 88000.0000 | Indirect |
| Common Shares | 7218.8341 | 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 February 13, 2013, covering his 2008 stock option grant totaling 30,030 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 20,020 shares at an exercise price of $46.59 per share, but was adjusted to reflect the stock split on 8/24/2011.
F4: Vests in one-third installments annually commencing January 2, 2009.