DAVID L. NUNES - 01 Apr 2022 Form 4 Insider Report for RAYONIER INC (RYN)

Role
Chief Executive Officer, Director
Signature
/s/ Sarah M. Wesberry / Attorney-In-Fact
Issuer symbol
RYN
Transactions as of
01 Apr 2022
Transactions value $
-$543,242
Form type
4
Filing time
05 Apr 2022, 17:30:53 UTC
Previous filing
09 Nov 2021
Next filing
18 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RYN Common Shares Award $0 +38,259 +14% $0.000000 311,532 01 Apr 2022 Direct F1
transaction RYN Common Shares Tax liability -$172,842 -4,133 -1.33% $41.82 307,399 01 Apr 2022 Direct F2
transaction RYN Common Shares Tax liability -$162,303 -3,881 -1.26% $41.82 303,518 01 Apr 2022 Direct F2
transaction RYN Common Shares Tax liability -$106,348 -2,543 -0.84% $41.82 300,975 02 Apr 2022 Direct F2
transaction RYN Common Shares Tax liability -$101,748 -2,433 -0.81% $41.82 298,542 03 Apr 2022 Direct F2
holding RYN Common Shares 487 01 Apr 2022 In Trust
holding RYN Common Shares 4,000 01 Apr 2022 By UGMA Custodian for Child
holding RYN Common Shares 98,533 01 Apr 2022 By The Nunes Children's Irrevocable Trust F3
holding RYN Common Shares 30,000 01 Apr 2022 By The Nunes Family Irrevocable Trust F4
* 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 Shares withheld to cover the tax withholding obligation due to the vesting of restricted stock.
F3 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 98,533.33 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.
F4 On November 3, 2021, the Reporting Person's spouse transferred 30,000 common shares, which the Reporting Person previously reported as indirectly owned through his spouse, to The Nunes Family Irrevocable Trust for which the Reporting Person serves as trustee and beneficiary.

Remarks:

Exhibit List: Ex-24 DNunes PoA sw