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

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
* 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.