Frazier W. Edwin III 4
4 · RAYONIER INC · Filed Sep 5, 2012
Insider Transaction Report
Form 4
RAYONIER INCRYN
Frazier W. Edwin III
SR VP, CAO & Corp Sec
Transactions
- Sale
Common Shares
2012-09-04$48.70/sh−6,450$314,115→ 217,448 total - Exercise/Conversion
Employee Stock Option
2012-09-04−6,450→ 0 totalExercise: $27.36Exp: 2017-01-03→ Common Shares (6,450 underlying) - Exercise/Conversion
Common Shares
2012-09-04$27.36/sh+6,450$176,472→ 223,898 total
Holdings
- 988.146(indirect: By Trust)
Common Shares
Footnotes (3)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 15, 2012, covering his 2007 stock option grant totaling 25,800 shares (adjusted for the August 24, 2011 stock split).
- [F2]Shares are held in the Rayonier Investment and Savings Plan, a 401(k) plan, for this person's account.
- [F3]The option vests in three equal annual installments beginning on 1/3/08.