4//SEC Filing
Norton Larry C 4
Accession 0001127602-11-004394
CIK 0000731939other
Filed
Feb 7, 7:00 PM ET
Accepted
Feb 8, 4:52 PM ET
Size
17.6 KB
Accession
0001127602-11-004394
Insider Transaction Report
Form 4
Norton Larry C
Group VP-Cor Pkg-Operations
Transactions
- Award
Common Stock
2011-02-04+20,752→ 63,702 total - Disposition to Issuer
Restricted Stock Units
2011-02-04−30,061→ 0 total→ Common Stock (0 underlying) - Award
Options (Right to Buy)
2011-02-04+28,182→ 28,182 totalExercise: $24.40From: 2012-02-04Exp: 2021-02-04→ Common Stock (28,182 underlying)
Holdings
- 41,668
Options (Right to Buy)
Exercise: $16.71From: 2011-02-05Exp: 2020-02-05→ Common Stock (41,668 underlying) - 29,156
Performance Stock Units
→ Common Stock (29,156 underlying) - 92,469
Options (Right to Buy)
Exercise: $19.50From: 2009-02-01Exp: 2018-02-01→ Common Stock (92,469 underlying) - 105,177
Performance Stock Units
→ Common Stock (105,177 underlying) - 100,810
Options (Right to Buy)
Exercise: $5.64From: 2010-02-06Exp: 2019-02-06→ Common Stock (100,810 underlying)
Footnotes (9)
- [F1]Options granted 02/04/11 vest as follows: 7045 on 02/04/12, 7046 on 02/04/13, 7045 on 02/04/14 and 7046 on 02/04/15.
- [F2]Includes 20,752 Restricted Stock Units granted to Reporting Person on February 4, 2011. These RSUs will vest effective February 5, 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 32,271 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]Reporting Person acquired additional shares through on-going dividend reinvestment.
- [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]Granted 02/01/2008 Option Vesting Schedule: Options exercisable 02/01/2009, 23117; Options exercisable 02/01/2010, 23117; Options exercisable 02/01/2011, 23117; Options exercisable 02/01/2012, 23118.
- [F9]Options Vesting Schedule for Options Granted 02/05/2010. Options Exercisable 02/05/2011 - 10417; Options Exercisable 02/05/2012 - 10417; Options Exercisable 02/05/2013 - 10417; and Options Exercisable 02/06/2014 - 10417.
Documents
Issuer
TEMPLE INLAND INC
CIK 0000731939
Entity typeother
Related Parties
1- filerCIK 0001434500
Filing Metadata
- Form type
- 4
- Filed
- Feb 7, 7:00 PM ET
- Accepted
- Feb 8, 4:52 PM ET
- Size
- 17.6 KB