TEJON RANCH CO — Director's Dealing 2011

Jun 28, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TEJON RANCH CO (TRC)
CIK: 0000096869
Period of Report: 2011-06-27

Reporting Person: STINE ROBERT A (Director, President / CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-06-27	Tejon Ranch Co. Common Stock	M	36869	$27.66	Acquired	95533	Direct
2011-06-27	Tejon Ranch Co. Common Stock	S	36869	$33.80	Disposed	95533	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-06-27	Tejon Ranch Co. Incentive Stock Option	$27.66	M	36869	Disposed	2012-12-02	Tejon Ranch Common Stock (36869)	Direct

Footnotes

F1: These shares are in the name of Robert A. and Betty C. Stine, as trustees for the Stine Family Trust.

F2: No new stock options or restricted stock units were granted. This is for information and update purposes only.