RAYONIER INC — Director's Dealing 2021

Jun 2, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RAYONIER INC (RYN)
CIK: 0000052827
Period of Report: 2021-06-01

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-06-01	Common Shares	M	567	$32.6509	Acquired	53112	Direct
2021-06-01	Common Shares	S	567	$38.50	Disposed	52545	Direct
2021-06-01	Common Shares	M	1106	$31.2763	Acquired	53651	Direct
2021-06-01	Common Shares	S	1106	$38.50	Disposed	52545	Direct
2021-06-01	Common Shares	M	4493	$34.98	Acquired	57038	Direct
2021-06-01	Common Shares	S	4493	$38.50	Disposed	52545	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-06-01	Employee Stock Option (right to buy)	$32.6509	M	567	Disposed	2022-01-03	Common Shares (567.0)	Direct
2021-06-01	Employee Stock Option (right to buy)	$31.2763	M	1106	Disposed	2024-01-02	Common Shares (1106.0)	Direct
2021-06-01	Employee Stock Option (right to buy)	$34.98	M	4493	Disposed	2024-07-01	Common Shares (4493.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	2356.6247	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.

F2: These derivative securities granted in 2014 were restricted for the first three years and vested in thirds at the end of year 1, 2 and 3.