RAYONIER INC — Director's Dealing 2020

Dec 10, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RAYONIER INC (RYN)
CIK: 0000052827
Period of Report: 2020-12-09

Reporting Person: Pyatt Shelby L (VP, Human Resources and IT)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-09	Common Shares	M	1086	—	Acquired	36443.437	Direct
2020-12-09	Common Shares	S	1086	—	Disposed	35357.437	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-09	Common Shares	$27.2189	M	1086	Disposed	2021-01-03	Common Shares (1086.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	3221.9211	Indirect

Footnotes

F1: These derivative securities granted in 2011 were restricted for the first three years and vested in thirds at the end of year 1, 2 and 3.