ST JOE Co — Director's Dealing 2011

Mar 7, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ST JOE CO (JOE)
CIK: 0000745308
Period of Report: 2011-03-03

Reporting Person: CONNOLLY JANNA L (Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-03	Common Stock	F	2869	$26.66	Disposed	28031	Direct
2011-03-03	Common Stock	D	2198	$26.66	Disposed	25833	Direct

Footnotes

F1: Reflects shares surrendered to pay taxes in connection with the vesting of outstanding awards pursuant to a change of control under the Company's 2009 Equity Incentive Plan.

F2: Reflects shares forfeited in connection with the vesting of an outstanding award pursuant to a change of control under the Company's 2009 Equity Incentive Plan.