X0306 4 2012-12-05 0000899597 BUCKEYE TECHNOLOGIES INC BKI 0001219621 CAVANEY RED BUCKEYE TECHNOLOGIES INC. 1001 TILLMAN STREET MEMPHIS TN 38112 1 Common Stock 2012-12-05 4 M 0 10000 9.85 A 56988.386 D Common Stock 2012-12-05 4 S 0 10000 27.4676 D 46988.386 D Non-qualified Stock Option (Right to Buy) 9.85 2012-12-05 4 M 0 10000 0 D 2004-11-06 2013-11-06 Common Stock 10000 0 D 1200shs @ $27.40;100shs @ $27.4050; 400shs @ $27.4100; 100shs @ $27.4150; 300shs @ $27.42; 100shs @ $27.4224; 600shs @ $27.43; 200shs @ $27.4350; 200shs @ $27.44; 1600shs @ $27.45; 700shs @ $27.46; 700shs @ $27.47; 700shs @ $27.48; 100shs @ $27.49; 300shs @ $27.50; 700shs @ $27.51; 300shs @ $27.5150; 900shs @ $27.52; 200shs @ $27.53; 300shs @ $27.59; and 300shs @ $27.60. Red Cavaney 2012-12-06