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RAYONIER INC — Director's Dealing 2010
Feb 1, 2010
31153_dirs_2010-02-01_261b2447-b5d5-4d4d-8c4b-caa4a6387332.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: RAYONIER INC (RYN)
CIK: 0000052827
Period of Report: 2010-01-29
Reporting Person: HERMAN MICHAEL R (VP & General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-01-29 | Common Shares | M | 8903 | $22.53 | Acquired | 61218 | Direct |
| 2010-01-29 | Common Shares | S | 8903 | $42.3652 | Disposed | 52315 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-01-29 | Employee Stock Option | $22.53 | M | 8903 | Disposed | 2013-09-17 | Common Shares (8903) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares | 224.7159 | Indirect |
Footnotes
F1: This transaction was executed in multiple trades at prices ranging from $42.29 to $42.44. The price reported above reflects the weighted average sale price. Upon written request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price is available.
F2: Shares are held in the Rayonier Investment and Savings Plan, a 401(k) plan, for this person's account.
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