TEJON RANCH CO — Director's Dealing 2013

Sep 3, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TEJON RANCH CO (TRC)
CIK: 0000096869
Period of Report: 2013-08-28

Reporting Person: TISCH DANIEL R (Director, 10% Owner)
Reporting Person: TOWERVIEW LLC (Director, 10% Owner)
Reporting Person: DT Four Partners, LLC (Director, 10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-08-28	Warrants	$40	J	411	Acquired	2016-08-31	Common Stock (411)	Direct
2013-08-28	Warrants	$40	J	348046	Acquired	2016-08-31	Common Stock (348046)	Direct
2013-08-28	Warrants	$40	J	105933	Acquired	2016-08-31	Common Stock (105933)	Direct

Footnotes

F1: The Warrants were distributed by the issuer to all holders of record of Common Stock on August 28, 2013 and expire on August 31, 2016, subject to the issuer's right to accelerate the expiration date under certain circumstances when the Warrants are in the money.

F2: This Form 4 is being filed jointly by Daniel R. Tisch, TowerView LLC and DT Four Partners, LLC. Daniel R. Tisch is General Member of TowerView LLC and DT Four Partners, LLC and may be deemed to have a pecuniary interest in securities owned by them. These Warrants are held directly by Daniel R. Tisch.

F3: These Warrants are held directly by TowerView LLC.

F4: These Warrants are held directly by DT Four Partners, LLC.