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ST JOE Co Director's Dealing 2010

May 11, 2010

31416_dirs_2010-05-11_5a5d06e4-f370-4148-8cb9-8e6bcd60accb.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ST JOE CO (JOE)
CIK: 0000745308
Period of Report: 2010-05-07

Reporting Person: REVELL WALTER L (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-05-07 Common Stock M 5849 $20.03 Acquired 27585 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-05-07 Stock Option $20.03 M 5849 Disposed 2010-05-08 Common Stock (5849) Direct

Footnotes

F1: The options vested in three annual installments commencing on May 8, 2001.