RAYONIER INC — Director's Dealing 2018

Apr 17, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RAYONIER INC (RYN)
CIK: 0000052827
Period of Report: 2018-04-16

Reporting Person: CORR CHRISTOPHER T (SVP, Real Estate)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-04-16	Common Shares	A	19826.0000	$0.0000	Acquired	42582.0000	Direct
2018-04-16	Common Shares	F	7802.0000	$36.9600	Disposed	34780.0000	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	396.9547	Indirect

Footnotes

F1: This amount represents vested performance shares awarded in 2015.

F2: Shares withheld to cover the tax withholding obligation due to the vesting of performance share award.