ST JOE Co — Director's Dealing 2013

Feb 12, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ST JOE CO (JOE)
CIK: 0000745308
Period of Report: 2013-02-10

Reporting Person: Borick Kenneth (SVP, General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-02-10	Common Stock	M	399	—	Acquired	12248	Direct
2013-02-10	Common Stock	F	131	$22.92	Disposed	12117	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-02-10	Restricted Stock Units	$	M	399	Disposed		Common (399)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options (Right to Buy)	$27.88	2013-02-17	Common (2250)	2250	Direct
Stock Options (Right to Buy)	$32.65	2013-08-18	Common (1200)	1200	Direct
Stock Options (Right to Buy)	$54.05	2017-02-12	Common (2595)	2595	Direct

Footnotes

F1: On February 10, 2013, 399 of the Reporting Person's restricted stock units were settled for an equal number of shares of Common Stock.

F2: Reflects shares forfeited to pay taxes in connection with vesting of restricted stock award.

F3: These options are immediately exercisable.

F4: Each restricted stock unit represents a contingent right to receive one share of common stock.

F5: These restricted stock units vested in accordance with the following schedule: 398 vested each on the first and third anniversaries of the grant date (February 10, 2009) and 399 vested each on the second and fourth anniversaries of the grant date.