RAYONIER INC

Ticker: RYN CUSIP: 754907103 Class: COM

RATIONAL ADVISORS LLC's Holding History (CIK: 0001143565)

Note: Option positions (PUT/CALL) are excluded.

Q4 2013
Shares 29,685 Value ($000) $1,250 Avg Close — Range —
Q3 2013
Shares 29,985 Value ($000) $1,669 Avg Close — Range —
Q2 2013
Shares 30,077 Value ($000) $1,666 Avg Close — Range —
Q1 2013
Shares 85,847 Value ($000) $5,122 Avg Close — Range —
Q4 2012
Shares 88,920 Value ($000) $4,609 Avg Close — Range —
Q3 2012
Shares 89,020 Value ($000) $4,363 Avg Close — Range —
Q2 2012
Shares 88,820 Value ($000) $3,988 Avg Close — Range —
Q1 2012
Shares 87,620 Value ($000) $3,863 Avg Close — Range —
Q4 2011
Shares 87,420 Value ($000) $3,902 Avg Close — Range —
Q3 2011
Shares 87,420 Value ($000) $3,216 Avg Close — Range —
Q2 2011
Shares 45,800 Value ($000) $2,993 Avg Close — Range —
Q1 2011
Shares 65,000 Value ($000) $4,050 Avg Close — Range —
Q4 2010
Shares 64,900 Value ($000) $3,409 Avg Close — Range —
Q1 2010
Shares 33,400 Value ($000) $1,517 Avg Close — Range —
Q4 2009
Shares 28,800 Value ($000) $1,214 Avg Close — Range —