X0304 4 2011-12-29 0 0000784011 POPE RESOURCES LTD PARTNERSHIP POPE 0001211392 NUNES DAVID L C/O POPE RESOURCES 19245 TENTH AVE NE POULSBO WA 98370 1 1 0 0 President & CEO Limited Partnership Units102600-6500 2011-12-29 4 S 0 6500 42.85 D 96100 D This transaction was executed in multiple trades at prices ranging from $42.50 to $43.006. The price reported above reflects the weighted average sale price. Upon written request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price is available. David L. Nunes 2011-12-29