FORM 5
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
[ ] Form 3 Holdings Reported
[ ] Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

                                                                                  

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

MURPHY ROBERT MADISON

2. Issuer Name and Ticker or Trading Symbol

DELTIC TIMBER CORP [DEL]

5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)

(Last)          (First)          (Middle)

210 EAST ELM STREET

3. Statement for Issuer's Fiscal Year Ended (MM/DD/YYYY)
12/31/2015 
(Street)

EL DORADO, AR 71730

(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person


Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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)
Amount (A) or (D) Price
Common Stock                 81541   D    
Common Stock   12/8/2014     G5   78   A $0.00   10362   (1) I   Trustee for my children  
Common Stock   12/30/2015     G   163   A $0.00   10525   (1) I   Trustee for my children  
Common Stock   12/30/2015     G   5355   D $0.00   35852   (2) I   Partnership  
Common Stock   12/30/2015     G   5029   A $0.00   40881   (2) I   Partnership  
Common Stock                 135633   I   Beneficiary of Trusts  
Common Stock                 236676   (1) (2) I   Co-Trustee of Family Trusts  
Common Stock                 16759   (3) (4) I   Spouse  

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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/YYYY)
7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
( 1)  Beneficial ownership is expressly disclaimed.
( 2)  This report is being filed to, among other things, reflect reconciliation adjustments in the reporting person's indirect pecuniary interest in issuer shares held in a family partnership (upward adjustment 448 shares), and in a family trust of which the reporting person is a co-trustee and beneficiary (upward adjustment 1,148 shares) resulting from certain transfers of issuer shares, including the distribution of shares from the family limited partnership in redemption of the interest of a limited partner thereof and subsequent contribution of such shares by such limited partner to the aforementioned trusts.
( 3)  4,937 held directly and indirectly by spouse; 11,822 shares held by spouse as trustee for children's trust, beneficial interest disclaimed.
( 4)  The year-end share total has been adjusted to reflect a reconciliation upward adjustment of 3 shares.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
MURPHY ROBERT MADISON
210 EAST ELM STREET
EL DORADO, AR 71730
X



Signatures
Jim F. Andrews, Jr., Attorney-in-Fact for R. Madison Murphy 2/10/2016
** Signature of Reporting Person Date


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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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