RAYONIER INC — Director's Dealing 2020

Sep 3, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RAYONIER INC (RYN)
CIK: 0000052827
Period of Report: 2020-09-02

Reporting Person: Bridwell Mark R (VP, GC and Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-09-02	Common Shares	M	602	$27.2189	Acquired	52192	Direct
2020-09-02	Common Shares	S	602	$30.03	Disposed	51590	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-09-02	Common Shares	$27.2189	M	602	Acquired	2021-01-03	Common Shares (602.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	2361.5699	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.