4//SEC Filing
Davis Morris 4
Accession 0001127602-11-004378
CIK 0000731939other
Filed
Feb 7, 7:00 PM ET
Accepted
Feb 8, 4:36 PM ET
Size
20.9 KB
Accession
0001127602-11-004378
Insider Transaction Report
Form 4
Davis Morris
General Counsel
Transactions
- Award
Common Stock
2011-02-04+8,033→ 20,525 total - Disposition to Issuer
Restricted Stock Units
2011-02-04−12,029→ 0 total→ Common Stock (0 underlying) - Award
Options (Right to Buy)
2011-02-04+10,909→ 10,909 totalExercise: $24.40From: 2012-02-04Exp: 2021-02-04→ Common Stock (10,909 underlying)
Holdings
- 11,286
Performance Stock Units
→ Common Stock (11,286 underlying) - 6,150
Options (Right to Buy)
Exercise: $22.13From: 2007-05-05Exp: 2016-05-05→ Common Stock (6,150 underlying) - 6,150
Options (Right to Buy)
Exercise: $24.34From: 2008-02-02Exp: 2017-02-02→ Common Stock (6,150 underlying) - 38,900
Options (Right to Buy)
Exercise: $5.64From: 2010-02-06Exp: 2019-02-06→ Common Stock (38,900 underlying) - 40,585
Performance Stock Units
→ Common Stock (40,585 underlying) - 34,930
Options (Right to Buy)
Exercise: $19.50From: 2009-02-01Exp: 2018-02-01→ Common Stock (34,930 underlying) - 16,129
Options (Right to Buy)
Exercise: $16.71From: 2011-02-05Exp: 2020-02-05→ Common Stock (16,129 underlying)
Footnotes (11)
- [F1]Includes 12,492 Restricted Stock Units granted to Reporting Person on February 5, 2010. These RSUs will vest effective February 5, 2013 if 1% ROI or ROI in top three quartiles of peer group performance criteria is met, and will be settled for stock on the vesting date
- [F10]Options Vesting Schedule for Options Granted 02/06/2009. Options Exerciserable 02/06/2010 - 9725; Options Exerciserable 02/06/2011 - 9725; Options Exerciserable 02/06/2012 - 9725; and Options Exerciserable 02/06/2013 - 9725.
- [F11]Options Vesting Schedule for Options Granted 02/05/2010. Options Exercisable 02/05/2011 - 4,032; Options Exercisable 02/05/2012 - 4,032; Options Exercisable 02/05/2013 - 4,032; and Options Exercisable 02/06/2014 - 4,033.
- [F2]Includes 8,033 Restricted Stock Units granted to Reporting Person on February 4, 2011. These RSUs will vest effective February 4, 2014 if 1% ROI or ROI in top three quartiles of peer group performance criteria is met, and will be settled for stock on the vesting date.
- [F3]Options granted 02/04/11 vest as follows: 2727 on 02/04/12, 2727 on 02/04/13, 2727 on 02/04/14 and 2728 on 02/04/15.
- [F4]Restricted Stock Units settled for cash.
- [F5]Performance Stock Units granted on February 5, 2010 will vest on or after February 5, 2013 at 100% if the Company's average ROI falls within the first quartile ROI ranking compared to its peer group; 75% if in the second quartile, zero if in the bottom half. PSUs will be settled for cash based on the fair market value on the vesting date.
- [F6]Performance Stock Units granted on February 6, 2009 will vest on or after February 6, 2012 at 100% if the Company's average ROI falls within the first quartile ROI ranking compared to its peer group; 75% if in the second quartile; zero if in the bottom half. PSUs will be settled for cash based on the fair market value on the vesting date.
- [F7]The exercise price of these outstanding options were amended from that previously reported in connection with the spin-off announced by the Company effective 12/28/2007, and pursuant to anti-dilution provisions set forth in the option plan, and is intended to give the option the same economic value it had before the spin-off.
- [F8]Options Vesting Schedule for Options Granted 02/02/2007. Options Exerciserable 02/02/2008 - 1,537; Options Exerciserable 02/02/2009 - 1,538; Options Exerciserable 02/02/2010 - 1,537; and Options Exerciserable 02/02/2011 - 1,538.
- [F9]Granted 02/01/2008 Option Vesting Schedule: Options exercisable 02/01/2009, 8732; Options exercisable 02/01/2010, 8733; Options exercisable 02/04/2010, 8732; Options exercisable 02/01/2012, 8733.
Documents
Issuer
TEMPLE INLAND INC
CIK 0000731939
Entity typeother
Related Parties
1- filerCIK 0001361883
Filing Metadata
- Form type
- 4
- Filed
- Feb 7, 7:00 PM ET
- Accepted
- Feb 8, 4:36 PM ET
- Size
- 20.9 KB