RAYONIER INC

Ticker: RYN CUSIP: 754907103 Class: COM

PECAUT & CO.'s Holding History (CIK: 0001597200)

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

Q3 2014
Shares 9,125 Value ($000) $284 Avg Close — Range —
Q2 2014
Shares 9,125 Value ($000) $324 Avg Close — Range —
Q1 2014
Shares 7,625 Value ($000) $350 Avg Close — Range —
Q4 2013
Shares 8,625 Value ($000) $363 Avg Close — Range —