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RAYONIER INC Director's Dealing 2020

May 19, 2020

31153_dirs_2020-05-19_8f55b170-36c1-4fe0-bd94-bc5012643026.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: 2020-05-15

Reporting Person: Wiltshire Andrew G. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-15	Common Shares	A	4468	—	Acquired	43431.5214	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	3255.6334	Indirect

Footnotes

F1: Restricted stock granted as compensation for serving as a member of the Board of Directors of the issuer. Such award vested immediately upon grant and was made pursuant to the Rayonier Incentive Stock Plan.

F2: This amount includes 1,155.810172 common shares acquired pursuance to dividend reinvestment features in brokerage accounts.

F3: This amount includes 93.4284 common shares acquired pursuance to dividend reinvestment features in brokerage accounts.