Home/Filings/4/0001127602-11-006109
4//SEC Filing

Vesci Dennis J 4

Accession 0001127602-11-006109

CIK 0000731939other

Filed

Feb 16, 7:00 PM ET

Accepted

Feb 17, 3:43 PM ET

Size

25.3 KB

Accession

0001127602-11-006109

Insider Transaction Report

Form 4
Period: 2011-02-15
Vesci Dennis J
Grp VP,Corr Pkg-Operations
Transactions
  • Exercise/Conversion

    Common Stock

    2011-02-15$25.26/sh+1,615$40,79576,828 total
  • Tax Payment

    Common Stock

    2011-02-15$25.26/sh426$10,76176,402 total
  • Disposition to Issuer

    Common Stock

    2011-02-15$25.26/sh398$10,05376,004 total
  • Exercise/Conversion

    Restricted Stock Units (deferred)

    2011-02-151,61510,426 total
    Common Stock (1,615 underlying)
Holdings
  • Performance Stock Units

    Common Stock (103,365 underlying)
    103,365
  • Options (Right to Buy)

    Exercise: $21.55From: 2007-02-03Exp: 2016-02-03Common Stock (18,450 underlying)
    18,450
  • Options (Right to Buy)

    Exercise: $24.34From: 2008-02-02Exp: 2017-02-02Common Stock (18,450 underlying)
    18,450
  • Options (Right to Buy)

    Exercise: $5.64From: 2010-02-06Exp: 2019-02-06Common Stock (99,074 underlying)
    99,074
  • Options (Right to Buy)

    Exercise: $16.71From: 2011-02-05Exp: 2020-02-05Common Stock (40,949 underlying)
    40,949
  • Options (Right to Buy)

    Exercise: $24.40From: 2012-02-04Exp: 2021-02-04Common Stock (27,695 underlying)
    27,695
  • Performance Stock Units

    Common Stock (28,653 underlying)
    28,653
  • Options (Right to Buy)

    Exercise: $19.50From: 2009-02-01Exp: 2018-02-01Common Stock (91,439 underlying)
    91,439
  • Options (Right to Buy)

    Exercise: $16.14From: 2006-02-04Exp: 2015-02-04Common Stock (5,000 underlying)
    5,000
Footnotes (14)
  • [F1]Includes 20,394 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.
  • [F10]Options Vesting Schedule for Options Granted 02/02/2007: Options Exerciserable 02/02/2008 - 4,612; Options Exerciserable 02/02/2009 - 4,613; Options Exerciserable 02/02/2010 - 4,612; and Options Exerciserable 02/02/2011 - 4,612.
  • [F11]Granted 02/01/2008 Option Vesting Schedule: Options exercisable 02/01/2009, 22859; Options exercisable 02/01/2010, 22860; Options exercisable 02/01/2011, 22860; Options exercisable 02/01/2012, 22860.
  • [F12]Options Vesting Schedule for Options Granted 02/06/2009. Options Exerciserable 02/06/2010 - 24,768; Options Exerciserable 02/06/2011 - 24,769; Options Exerciserable 02/06/2012 - 24,768; and Options Exerciserable 02/06/2013 - 24,769.
  • [F13]Options Vesting Schedule for Options Granted 02/05/2010. Options Exercisable 02/05/2011 - 10237; Options Exercisable 02/05/2012 - 10237; Options Exercisable 02/05/2013 - 10237; and Options Exercisable 02/06/2014 - 10238.
  • [F14]Options granted 02/04/11 vest as follows: 6923 on 02/04/12, 6924 on 02/04/13, 6924 on 02/04/14 and 6924 on 02/04/15.
  • [F2]Includes 31714 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.
  • [F3]Restricted stock units deferred under a terminated Company bonus deferral plan, and are payable in either cash or stock, as determined by the plan in effect at the time of election.
  • [F4]Each Restricted Stock Unit (Deferred) is equivalent to one share of Temple-Inland common stock. On February 15, 2011, 398 deferred RSUs were settled for cash and 1,217 were settled for stock.
  • [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]Options Vesting Schedule: Options Exercisable 02/04/2006 - 1,250, Options Exercisable 02/04/2007 - 1,250, Options Exercisable 02/04/2008 - 1,250, and Options Exercisable 02/04/2009 - 1,250.
  • [F8]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.
  • [F9]Options Vesting Schedule for Options Granted 02/03/2006: Options Exerciserable 02/03/2007 - 4,612; Options Exerciserable 02/03/2008 - 4,612; Options Exerciserable 02/03/2009 - 4,612; and Options Exerciserable 02/03/2010 - 4,614.

Issuer

TEMPLE INLAND INC

CIK 0000731939

Entity typeother

Related Parties

1
  • filerCIK 0001335843

Filing Metadata

Form type
4
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 3:43 PM ET
Size
25.3 KB