RAYONIER INC — Director's Dealing 2021

May 24, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RAYONIER INC (RYN)
CIK: 0000052827
Period of Report: 2021-05-21

Reporting Person: MOORE MERIDEE (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-21	Common Shares	A	2526	—	Acquired	3492	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	65000	Indirect

Footnotes

F1: Restricted stock granted as compensation for serving as a member of the Board of Directors of the issuer. Such award vests immediately and is subject to restrictions on transfer until the earlier of four years from the date of the grant or upon a date six months following the date on which she ceases to serve as a member of the Board.

F2: Watershed Equity Partners, LP is controlled by the reporting person.