RAYONIER INC — Director's Dealing 2021

Sep 2, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RAYONIER INC (RYN)
CIK: 0000052827
Period of Report: 2021-08-31

Reporting Person: Rogers W. Rhett (VP, Portfolio Management)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-08-31	Common Shares	M	1243	$32.6509	Acquired	28924	Direct
2021-08-31	Common Shares	S	1243	$36.70	Disposed	27681	Direct
2021-08-31	Common Shares	S	5000	$36.70	Disposed	22681	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-08-31	Employee Stock Option (right to buy)	$32.6509	M	1243	Disposed	2022-01-03	Common Shares (1243.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	2886.9927	Indirect

Footnotes

F1: These derivative securities granted in 2012 were restricted for the first three years and vested in thirds at the end of year 1, 2 and 3.