David L. Nunes - Apr 1, 2023 Form 4 Insider Report for RAYONIER INC (RYN)

Role
Chief Executive Officer, Director
Signature
/s/ Sarah E. Miles / Attorney-In-Fact
Stock symbol
RYN
Transactions as of
Apr 1, 2023
Transactions value $
-$674,912
Form type
4
Date filed
4/4/2023, 07:54 PM
Previous filing
Feb 3, 2023
Next filing
Apr 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RYN Common Shares Award $0 +53.5K +16.9% $0.00 370K Apr 3, 2023 Direct F1, F2
transaction RYN Common Shares Tax liability -$137K -4.13K -1.12% $33.26 366K Apr 1, 2023 Direct F3
transaction RYN Common Shares Tax liability -$199K -5.97K -1.63% $33.26 360K Apr 1, 2023 Direct F3
transaction RYN Common Shares Tax liability -$129K -3.88K -1.08% $33.26 356K Apr 1, 2023 Direct F3
transaction RYN Common Shares Tax liability -$125K -3.76K -1.06% $33.26 353K Apr 1, 2023 Direct F3
transaction RYN Common Shares Tax liability -$84.6K -2.54K -0.72% $33.26 350K Apr 2, 2023 Direct F3
holding RYN Common Shares 521 Apr 1, 2023 In Trust F2, F4
holding RYN Common Shares 4K Apr 1, 2023 By UGMA Custodian for Child F2, F4
holding RYN Common Shares 74.9K Apr 1, 2023 By The Nunes Children's Irrevocable Trust F5
holding RYN Common Shares 10K Apr 1, 2023 By The Nunes Family Irrevocable Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award of Restricted Stock Units. The units vest in four equal annual installments commencing on the first anniversary date of the grant subject to continued employment with the Company.
F2 Previously reported holdings of the Reporting Person were inadvertently omitted on the Form 4 filed on February 3, 2023.
F3 Shares withheld to cover the tax withholding obligation due to the vesting of restricted stock.
F4 Previously reported holdings of the Reporting Person were inadvertently omitted on the Form 4 filed on January 31, 2023.
F5 The beneficiary of one-third of The Nunes Children's Irrevocable Trust is the Reporting Person's minor child who resides within his household. As a result, the Reporting Person indirectly remains beneficial owner of the 74,900.67 Common Shares. The Reporting Person is not the trustee, settlor or beneficiary of The Nunes Children's Irrevocable Trust and disclaims any beneficial ownership therein.