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"Insiders might sell their shares for any number of reasons, but they buy them for only one:
they think the price will rise" - Peter Lynch ==>> What is insider trading>> |

| Transaction & Date | Reported Date |
Company | Symbol | Insider Relationship |
Shares Traded | Average Price | Total Amount |
Shares Ownership |
Filing |
| 2005-11-21- -2005-11-22 Sale |
2005-11-23 12:19 pm | RAYONIER INC | RYN | POLLACK GERALD J (SR VP & CFO) | 36,759 | $39.86 | $1,465,048 | 146,154 (Direct) | View |
| 2005-11-17- -2005-11-18 Sale |
2005-11-21 4:18 pm | RAYONIER INC | RYN | POLLACK GERALD J (SR VP & CFO) | 30,900 | $39.05 | $1,206,730 | 146,154 (Direct) |
View |
| 2005-10-31 Sale |
2005-11-02 12:10 pm |
RAYONIER INC | RYN | POLLACK GERALD J (SR VP & CFO) | 58,757 | $38.28 | $2,249,505 | 146,154 (Direct) |
View |
| 2004-11-24 Sale |
2004-11-29 2:50 pm | RAYONIER INC | RYN | POLLACK GERALD J (SR VP and CFO) | 35,610 | $47.79 | $1,701,650 | 78,511 (Direct) |
View |
| 2004-08-24 Sale | 2004-08-25 2:46 pm |
RAYONIER INC | RYN | POLLACK GERALD J (SR VP and CFO) | 10,200 | $46.11 | $470,297 | 78,511 (Direct) | View |
| 2004-08-23 Sale | 2004-08-25 2:46 pm | RAYONIER INC | RYN | POLLACK GERALD J (SR VP and CFO) | 34,313 | $46.1 | $1,581,680 | 78,511 (Direct) |
View |
| 2004-03-16 Sale |
2004-03-17 5:13 pm | RAYONIER INC | RYN | POLLACK GERALD J (SR VP and CFO) | 24,927 | $42 | $1,046,958 | 78,511 (Direct) | View |
| Transaction & Date | Reported Date | Company | Symbol | Insider Relationship |
Shares Traded |
Average Price | Total Amount |
Shares Ownership | Filing |
| 2006-01-12 Option Award Tax Withholding | 2006-01-17 12:54 pm | RAYONIER INC | RYN | POLLACK GERALD J (SR VP & CFO) | 63,356 | $10.3 | $652,847 | 178,946 (Direct) |
View |
| 2005-11-21- -2005-11-22 Exercise | 2005-11-23 12:19 pm | RAYONIER INC | RYN | POLLACK GERALD J (SR VP & CFO) | 36,759 | $17.22 | $633,162 | 163,813 (Direct) |
View |
| 2005-11-17- -2005-11-18 Exercise | 2005-11-21 4:18 pm | RAYONIER INC | RYN | POLLACK GERALD J (SR VP & CFO) | 30,900 | $17.06 | $527,154 | 148,554 (Direct) |
View |
| 2005-10-31 Exercise |
2005-11-02 12:10 pm | RAYONIER INC | RYN | POLLACK GERALD J (SR VP & CFO) | 58,757 | $18.59 | $1,092,293 | 204,911 (Direct) |
View |
| 2005-01-11 Option Award Tax Withholding |
2005-01-12 09:51 am |
RAYONIER INC | RYN | POLLACK GERALD J (SR VP and CFO) | 45,175 | $13.42 | $606,244 | 97,436 (Direct) |
View |
| 2004-11-24 Exercise |
2004-11-29 2:50 pm |
RAYONIER INC | RYN | POLLACK GERALD J (SR VP and CFO) | 35,610 | $21.52 | $766,327 | 114,121 (Direct) |
View |
| 2004-08-24 Exercise | 2004-08-25 2:46 pm | RAYONIER INC | RYN | POLLACK GERALD J (SR VP and CFO) | 10,200 | $26.26 | $267,852 | 88,711 (Direct) |
View |
| 2004-08-23 Exercise |
2004-08-25 2:46 pm | RAYONIER INC | RYN | POLLACK GERALD J (SR VP and CFO) | 34,313 | $26.26 | $901,059 | 112,824 (Direct) | View |
| 2004-03-16 Exercise |
2004-03-17 5:13 pm | RAYONIER INC | RYN | POLLACK GERALD J (SR VP and CFO) | 24,927 | $23.94 | $596,752 | 103,438 (Direct) | View |
| 2004-01-16 Option Award Tax Withholding | 2004-01-20 4:25 pm |
RAYONIER INC | RYN | POLLACK GERALD J (SR VP and CFO) | 44,470 | $11.17 | $496,716 | 78,511 (Direct) | View |
| 2003-12-19 Option Award |
2003-12-23 3:59 pm | RAYONIER INC | RYN | POLLACK GERALD J (SR VP and CFO) | 7,906 | $0 | $0 | 58,883 (Direct) |
View |
| Transaction & Date |
Reported Date | Exercisable Expiration | Company | Symbol | Insider Relationship |
Shares Traded | Conversion Price | Shares Ownership | Filing |
| 2005-11-21 Exercise | 2005-11-23 12:19 pm | 2002-01-04 2009-01-06 | RAYONIER INC | RYN | POLLACK GERALD J (SR VP & CFO) | 1,149 | $17.06 | 0 (Direct) | View |
| 2005-11-21 Exercise | 2005-11-23 12:19 pm |
2004-01-02 2013-01-04 | RAYONIER INC | RYN | POLLACK GERALD J (SR VP & CFO) | 17,951 | $17.23 | 35,464 (Direct) | View |
| 2005-11-22 Exercise |
2005-11-23 12:19 pm | 2004-01-02 2013-01-04 | RAYONIER INC | RYN | POLLACK GERALD J (SR VP & CFO) | 17,659 | $17.23 | 17,805 (Direct) |
View |
| 2005-11-17 Exercise |
2005-11-21 4:18 pm | 2002-01-04 2009-01-06 | RAYONIER INC | RYN | POLLACK GERALD J (SR VP & CFO) | 28,500 | $17.06 | 3,549 (Direct) |
View |
| 2005-11-18 Exercise | 2005-11-21 4:18 pm | 2002-01-04 2009-01-06 | RAYONIER INC | RYN | POLLACK GERALD J (SR VP & CFO) | 2,400 | $17.06 | 1,149 (Direct) |
View |
| 2005-10-31 Exercise | 2005-11-02 12:10 pm |
2005-01-02 2012-01-04 | RAYONIER INC | RYN | POLLACK GERALD J (SR VP & CFO) | 58,757 | $18.59 | 0 (Direct) |
View |
| 2004-11-24 Exercise | 2004-11-29 2:50 pm | 2004-01-02 2011-01-04 | RAYONIER INC | RYN | POLLACK GERALD J (SR VP and CFO) | 35,610 | $21.52 | 0 (Direct) | View |
| 2004-08-24 Exercise | 2004-08-25 2:46 pm |
2003-01-03 2010-01-05 |
RAYONIER INC | RYN | POLLACK GERALD J (SR VP and CFO) | 10,200 | $26.26 | 0 (Direct) |
View |
| 2004-08-23 Exercise | 2004-08-25 2:46 pm |
2003-01-03 2010-01-05 | RAYONIER INC | RYN | POLLACK GERALD J (SR VP and CFO) | 34,313 | $26.26 | 10,200 (Direct) |
View |
| 2004-03-16 Exercise |
2004-03-17 5:13 pm |
1999-01-04 2008-01-04 |
RAYONIER INC | RYN | POLLACK GERALD J (SR VP and CFO) | 24,927 | $23.94 | 0 (Direct) | View |
| 2004-01-02 Option Award | 2004-01-06 4:25 pm | N/A 2014-01-02 | RAYONIER INC | RYN | POLLACK GERALD J (SR VP and CFO) | 25,000 | $41.58 | 25,000 (Direct) |
View |
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