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RAYONIER INC — Director's Dealing 2021
Apr 5, 2021
31153_dirs_2021-04-05_d36e7f3c-8826-4cfc-a583-62cdc27cc8a1.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: 2021-04-01
Reporting Person: NUNES DAVID L (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-04-01 | Common Shares | A | 39446 | — | Acquired | 432432 | Direct |
| 2021-04-01 | Common Shares | F | 2533 | $33.59 | Disposed | 429899 | Direct |
| 2021-04-03 | Common Shares | F | 2433 | $33.59 | Disposed | 427466 | Direct |
| 2021-04-02 | Common Shares | F | 2543 | $33.59 | Disposed | 424923 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares | 471.8621 | Indirect |
| Common Shares | 1561 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Limited Partnership Units of Rayonier, L.P. | $ | Common Shares (392400.0) | 392400 | Direct | |
| Limited Partnership Units of Rayonier, L.P. | $ | Common Shares (2439.0) | 2439 | Indirect |
Footnotes
F1: Award of Restricted Stock Units. The units vest in four equal annual installments commencing on the first anniversary date of the grant subject to continued employment with the Company.
F2: Shares withheld to cover the tax withholding obligation due to the vesting of restricted stock.
F3: The limited partnership units of Rayonier, L.P. ("ROP") are exchangable for common shares of Rayonier Inc. ("Rayonier") on a one-for-one basis. Subject to certain limitations, these limited partnership units are immediately exercisable and have no expiration date.