VANDENNOORT HANS E 4
4 · RAYONIER INC · Filed Mar 25, 2013
Insider Transaction Report
Form 4
RAYONIER INCRYN
VANDENNOORT HANS E
SR VP & CFO
Transactions
- Exercise/Conversion
Common Shares
2013-03-21$31.06/sh+7,508$233,198→ 125,429.141 total - Sale
Common Shares
2013-03-21$58.00/sh−7,508$435,464→ 117,921.141 total - Exercise/Conversion
Employee Stock Option
2013-03-21−7,508→ 22,522 totalExercise: $31.06Exp: 2018-01-02→ Common Shares (7,508 underlying)
Holdings
- 7,218.834(indirect: By Trust)
Common Shares
- 88,000(indirect: By Trust)
Common Shares
Footnotes (4)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 13, 2013, covering his 2008 stock option grant totaling 30,030 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]This option was previously reported as covering 20,020 shares at an exercise price of $46.59 per share, but was adjusted to reflect the stock split on 8/24/2011.
- [F4]Vests in one-third installments annually commencing January 2, 2009.