RAYONIER INC — Director's Dealing 2015

Dec 16, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RAYONIER INC (RYN)
CIK: 0000052827
Period of Report: 2015-12-15

Reporting Person: NUNES DAVID L (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-12-15	Common Shares	P	10000.0000	$22.0000	Acquired	162169.0000	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	405.5308	Indirect