4//SEC Filing
Hester Troy L 4
Accession 0001127602-11-004382
CIK 0000731939other
Filed
Feb 7, 7:00 PM ET
Accepted
Feb 8, 4:41 PM ET
Size
24.5 KB
Accession
0001127602-11-004382
Insider Transaction Report
Form 4
Hester Troy L
Corporate Controller
Transactions
- Award
Common Stock
2011-02-04+6,092→ 37,912 total - Award
Options (Right to Buy)
2011-02-04+8,272→ 8,272 totalExercise: $24.40From: 2012-02-04Exp: 2021-02-04→ Common Stock (8,272 underlying) - Disposition to Issuer
Restricted Stock Units
2011-02-04−12,051→ 0 total→ Common Stock (0 underlying)
Holdings
- 36,990
Options (Right to Buy)
Exercise: $5.64From: 2010-02-06Exp: 2019-02-06→ Common Stock (36,990 underlying) - 38,592
Performance Stock Units
→ Common Stock (38,592 underlying) - 12,231
Options (Right to Buy)
Exercise: $16.71From: 2011-02-05Exp: 2020-02-05→ Common Stock (12,231 underlying) - 5,125
Options (Right to Buy)
Exercise: $21.55From: 2007-02-03Exp: 2016-02-03→ Common Stock (5,125 underlying) - 8,559
Performance Stock Units
→ Common Stock (8,559 underlying) - 32,199
Options (Right to Buy)
Exercise: $19.50From: 2009-02-01Exp: 2018-02-01→ Common Stock (32,199 underlying) - 5,000
Options (Right to Buy)
Exercise: $11.96From: 2005-02-06Exp: 2014-02-06→ Common Stock (5,000 underlying) - 5,000
Options (Right to Buy)
Exercise: $16.14From: 2006-02-04Exp: 2015-02-04→ Common Stock (5,000 underlying) - 5,125
Options (Right to Buy)
Exercise: $24.34From: 2008-02-02Exp: 2017-02-02→ Common Stock (5,125 underlying)
Footnotes (15)
- [F1]Options granted 02/04/11 vest as follows: 2068 on 02/04/12, 2068 on 02/04/13, 2068 on 02/04/14 and 2068 on 02/04/15.
- [F10]Options Vesting Schedule: Options Exercisable 1,250 - 02/04/2006; Options Exercisable 1,250 - 02/04/2007; Options Exercisable 1,250 - 02/04/2008; and Options Exercisable 1,250 - 02/04/2009
- [F11]Options Vesting Schedule: Options Exercisable 1,281 - 02/03/2007; Options Exercisable 1,281 - 02/03/2008; Options Exercisable 1,281 - 02/03/2009; and Options Exercisable 1,282 - 02/03/2010
- [F12]Options Vesting Schedule for Options Granted 02/02/2007 at an exercise price of $50.90: Options Exerciserable 02/02/2008 - 1,281; Options Exerciserable 02/02/2009 - 1,281; Options Exerciserable 02/02/2010 - 1,281; and Options Exerciserable 02/02/2011 - 1,282.
- [F13]Granted 02/01/2008 Option Vesting Schedule: Options exercisable 02/01/2009, 8049; Options exercisable 02/01/2010, 8050; Options exercisable 02/01/2011, 8050; Options exercisable 02/01/2012, 8050.
- [F14]Options Vesting Schedule for Options Granted 02/06/2009. Options Exerciserable 02/06/2010 - 9247; Options Exerciserable 02/06/2011 - 9248; Options Exerciserable 02/06/2012 - 9247; and Options Exerciserable 02/06/2013 - 9248.
- [F15]Options Vesting Schedule for Options Granted 02/05/2010. Options Exercisable 02/05/2011 - 3057; Options Exercisable 02/05/2012 - 3058; Options Exercisable 02/05/2013 - 3058; and Options Exercisable 02/06/2014 - 3058.
- [F2]Includes 6,092 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]Includes 9,473 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.
- [F4]Restricted Stock Units granted on February 1, 2008 will vest effective February 1, 2011 if 1% ROI performance criteria is met. Restricted Stock Units will be settled for cash based on the fair market value on the vesting date.
- [F5]Restricted Stock Units settled for cash.
- [F6]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.
- [F7]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.
- [F8]Options Vesting Schedule: Options Exercisable 1,250 - 02/06/2005; Options Exercisable 1,250 - 02/06/2006; Options Exercisable 1,250 - 02/06/2007; and Options Exercisable 1,250 - 02/06/2008
- [F9]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.
Documents
Issuer
TEMPLE INLAND INC
CIK 0000731939
Entity typeother
Related Parties
1- filerCIK 0001371771
Filing Metadata
- Form type
- 4
- Filed
- Feb 7, 7:00 PM ET
- Accepted
- Feb 8, 4:41 PM ET
- Size
- 24.5 KB