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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1022469	Deltic Timber Corp	DEL	Sawmills & Planting Mills, General (2421)	710795870

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1216824	Calvert Robert Nolan	210 East Elm Street El Dorado AR 71730		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2011-04-29	3,039	$29.30	85,378	No	4	M	Direct
Common Stock	Disposition	2011-04-29	3,039	$68.00	82,339	No	4	S	Direct
Common Stock	Acquisiton	2011-05-02	1,961	$29.30	84,300	No	4	M	Direct
Common Stock	Disposition	2011-05-02	1,961	$68.00	82,339	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option	Disposition	2011-04-29	3,039	$0.00	5,000	$29.30
Common Stock	Stock Option	Disposition	2011-05-02	1,961	$0.00	5,000	$29.30

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
1,961	2002-02-20	2012-02-20	No	4	M	Direct
0	2002-02-20	2012-02-20	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	2,695	Indirect	Please refer to footnote 7
Common Stock	20,526	Indirect	Please refer to footnote 4
Common Stock	52,112	Indirect	Please refer to footnote 1
Common Stock	31,112	Indirect	Please refer to footnote 3
Common Stock	450	Indirect	Please refer to footnote 2
Common Stock	20,000	Indirect	Please refer to footnote 5
Common Stock	15,670	Indirect	Please refer to footnote 6

Footnotes

Shares held in trust for children of brother with reporting person co-trustee (Charles M. Nolan 1972 Trust). No activity this reporting period.
Reporting person contributed 450 shares to family limited partnership. No activity this reporting period.
Shares held in trust for children of brother with reporting person co-trustee (William C. Nolan, Jr., Trust) Reporting person has no beneficial interest.
Shares held in trust for children and descendants, with reporting person co-trustee (Robert C. Nolan 1972 Trust). Reporting person has no beneficial interest.
Shares held in Robert C. Nolan 2009 Trust, a revocable trust.
Shares held by Theodosia Murphy Nolan Trust B for which beneficial ownership is expressly disclaimed.
Shares held by spouse for which beneficial interest is expressly disclaimed.
Stock acquired and sold was pursuant to stock option exercise.
Option under 2002 SIP and previously reported.