David L. Nunes - Apr 14, 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 14, 2023
Transactions value $: -$956,306
Form type: 4
Date filed: 4/18/2023, 05:13 PM
Previous filing: Apr 4, 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	+75.2K	+21.49%	$0.00	425K	Apr 14, 2023	Direct	F1
transaction	RYN	Common Shares	Tax liability	-$956K	-29.6K	-6.96%	$32.30	396K	Apr 14, 2023	Direct	F2
holding	RYN	Common Shares						522	Apr 14, 2023	In Trust
holding	RYN	Common Shares						4K	Apr 14, 2023	By UGMA Custodian for Child
holding	RYN	Common Shares						74.9K	Apr 14, 2023	By The Nunes Children's Irrevocable Trust	F3
holding	RYN	Common Shares						10K	Apr 14, 2023	By The Nunes Family Irrevocable Trust

Showing 1 to 6 of 6 entries

* 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 2020 and vested on April 14, 2023 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 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.