RAYONIER INC — Director's Dealing 2020

May 19, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RAYONIER INC (RYN)
CIK: 0000052827
Period of Report: 2020-05-15

Reporting Person: Jones Scott R. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-15	Common Shares	A	4468	—	Acquired	23232	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	102	Indirect
Common Shares	5091	Indirect
Common Shares	480	Indirect
Common Shares	600	Indirect
Common Shares	2000	Indirect
Common Shares	480	Indirect
Common Shares	480	Indirect
Common Shares	1533	Indirect
Common Shares	1407	Indirect
Common Shares	5091	Indirect
Common Shares	564	Indirect
Common Shares	460	Indirect
Common Shares	614	Indirect
Common Shares	480	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.