DAVID L. NUNES - 14 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
14 Apr 2022
Net transactions value
-$1,110,336
Form type
4
Filing time
18 Apr 2022, 15:13:48 UTC
Previous filing
05 Apr 2022
Next filing
31 Jan 2023
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 +63,280 +21% $0.000000 361,822 14 Apr 2022 Direct F1
transaction RYN Common Shares Tax liability $1,110,336 -24,901 -6.9% $44.59 336,921 14 Apr 2022 Direct F2
holding RYN Common Shares 487 14 Apr 2022 In Trust
holding RYN Common Shares 4,000 14 Apr 2022 By UGMA Custodian for Child
holding RYN Common Shares 98,533 14 Apr 2022 By The Nunes Children's Irrevocable Trust F3
holding RYN Common Shares 30,000 14 Apr 2022 By The Nunes Family Irrevocable Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This amount represents performance shares that were awarded in 2019 and vested on April 14, 2022 upon the performance criteria being met.
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.