Sec Form 4 Filing - MEGHREBLIAN DAVID V @ DELTIC TIMBER CORP - 2017-12-19

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person MEGHREBLIAN DAVID V 2. Issuer Name and Ticker or Trading Symbol DELTIC TIMBER CORP [ DEL] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) VICE PRESIDENT, REAL ESTATE (Last) (First) (Middle) 210 EAST ELM STREET 3. Date of Earliest Transaction (MM/DD/YY) 12/19/2017 (Street) EL DORADO, AR71730 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 12/19/2017 A 12,648 ( 1 ) A $ 0 27,424 D Common Stock 12/19/2017 M 1,356 ( 2 ) A $ 44.84 28,780 D Common Stock 12/19/2017 M 2,264 ( 2 ) A $ 63.54 31,044 D Common Stock 12/19/2017 M 2,119 ( 2 ) A $ 67.67 33,163 D Common Stock 12/19/2017 M 1,966 ( 2 ) A $ 71.35 35,129 D Common Stock 12/19/2017 M 2,116 ( 2 ) A $ 63.21 37,245 D Common Stock 12/19/2017 M 1,811 ( 2 ) A $ 65.89 39,056 D Common Stock 12/19/2017 M 2,374 ( 2 ) A $ 55.94 41,430 D Common Stock 12/19/2017 M 2,051 ( 2 ) A $ 76.95 43,481 D Common Stock 12/19/2017 S 16,057 ( 2 ) D $ 90.94 27,424 D Common Stock 4,957 I By Trustee of Company Thrift Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Stock Option ( 3 ) $ 44.84 12/19/2017 M 678 02/17/2013 02/17/2020 Common Stock 678 $ 0 0 D Stock Option ( 3 ) $ 44.84 12/19/2017 M 678 02/17/2014 02/17/2020 Common Stock 678 $ 0 0 D Stock Option ( 3 ) $ 63.54 12/19/2017 M 566 02/16/2012 02/16/2021 Common Stock 566 $ 0 0 D Stock Option ( 3 ) $ 63.54 12/19/2017 M 566 02/16/2013 02/16/2021 Common Stock 566 $ 0 0 D Stock Option ( 3 ) $ 63.54 12/19/2017 M 566 02/16/2014 02/16/2021 Common Stock 566 $ 0 0 D Stock Option ( 3 ) $ 63.54 12/19/2017 M 566 02/16/2015 02/16/2021 Common Stock 566 $ 0 0 D Stock Option ( 3 ) $ 67.67 12/19/2017 M 530 02/15/2013 02/15/2022 Common Stock 530 $ 0 0 D Stock Option ( 3 ) $ 67.67 12/19/2017 M 530 02/15/2014 02/15/2022 Common Stock 530 $ 0 0 D Stock Option ( 3 ) $ 67.67 12/19/2017 M 530 02/15/2015 02/15/2022 Common Stock 530 $ 0 0 D Stock Option ( 3 ) $ 67.67 12/19/2017 M 529 02/15/2016 02/15/2022 Common Stock 529 $ 0 0 D Stock Option ( 3 ) $ 71.35 12/19/2017 M 492 02/20/2014 02/20/2023 Common Stock 492 $ 0 0 D Stock Option ( 3 ) $ 71.35 12/19/2017 M 491 02/20/2015 02/20/2023 Common Stock 491 $ 0 0 D Stock Option ( 3 ) $ 71.35 12/19/2017 M 492 02/20/2016 02/20/2023 Common Stock 492 $ 0 0 D Stock Option ( 3 ) $ 71.35 12/19/2017 M 491 02/20/2017 02/20/2023 Common Stock 491 $ 0 0 D Stock Option ( 3 ) $ 63.21 12/19/2017 M 529 02/19/2015 02/19/2024 Common Stock 529 $ 0 0 D Stock Option ( 3 ) $ 63.21 12/19/2017 M 529 02/19/2016 02/19/2024 Common Stock 529 $ 0 0 D Stock Option ( 3 ) $ 63.21 12/19/2017 M 529 02/19/2017 02/19/2024 Common Stock 529 $ 0 0 D Stock Option ( 3 ) $ 63.21 12/19/2017 M 529 12/19/2017 02/19/2024 Common Stock 529 $ 0 0 D Stock Option ( 3 ) $ 65.89 12/19/2017 M 453 02/18/2016 02/18/2025 Common Stock 453 $ 0 0 D Stock Option ( 3 ) $ 65.89 12/19/2017 M 453 02/18/2017 02/18/2025 Common Stock 453 $ 0 0 D Stock Option ( 3 ) $ 65.89 12/19/2017 M 453 12/19/2017 02/18/2025 Common Stock 453 $ 0 0 D Stock Option ( 3 ) $ 65.89 12/19/2017 M 452 12/19/2017 02/18/2025 Common Stock 452 $ 0 0 D Stock Option ( 3 ) $ 55.94 12/19/2017 M 594 02/17/2017 02/17/2026 Common Stock 594 $ 0 0 D Stock Option ( 3 ) $ 55.94 12/19/2017 M 593 12/19/2017 02/17/2026 Common Stock 593 $ 0 0 D Stock Option ( 3 ) $ 55.94 12/19/2017 M 594 12/19/2017 02/17/2026 Common Stock 594 $ 0 0 D Stock Option ( 3 ) $ 55.94 12/19/2017 M 593 12/19/2017 02/17/2026 Common Stock 593 $ 0 0 D Stock Option ( 3 ) $ 76.95 12/19/2017 M 513 12/19/2017 02/15/2027 Common Stock 513 $ 0 0 D Stock Option ( 3 ) $ 76.95 12/19/2017 M 513 12/19/2017 02/15/2027 Common Stock 513 $ 0 0 D Stock Option ( 3 ) $ 76.95 12/19/2017 M 513 12/19/2017 02/15/2027 Common Stock 513 $ 0 0 D Stock Option ( 3 ) $ 76.95 12/19/2017 M 512 12/19/2017 02/15/2027 Common Stock 512 $ 0 0 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other MEGHREBLIAN DAVID V 210 EAST ELM STREET EL DORADO, AR71730 VICE PRESIDENT, REAL ESTATE Signatures Jim F. Andrews, Jr., Attorney-in-Fact for David V. Meghreblian 12/21/2017 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Vesting of accelerated award of 2014, 2015, 2016 & 2017 Performance-Based restricted stock under 2002 SIP. ( 2 )Stock acquired and sold was pursuant to stock option exercise. ( 3 )Option under 2002 SIP and previously reported.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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