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
Vesci Dennis J
Grp VP,Corr Pkg-Operations
Transactions
- Exercise/Conversion
Common Stock
2011-02-15$25.26/sh+1,615$40,795→ 76,828 total - Tax Payment
Common Stock
2011-02-15$25.26/sh−426$10,761→ 76,402 total - Disposition to Issuer
Common Stock
2011-02-15$25.26/sh−398$10,053→ 76,004 total - Exercise/Conversion
Restricted Stock Units (deferred)
2011-02-15−1,615→ 10,426 total→ Common Stock (1,615 underlying)
Holdings
- 103,365
Performance Stock Units
→ Common Stock (103,365 underlying) - 18,450
Options (Right to Buy)
Exercise: $21.55From: 2007-02-03Exp: 2016-02-03→ Common Stock (18,450 underlying) - 18,450
Options (Right to Buy)
Exercise: $24.34From: 2008-02-02Exp: 2017-02-02→ Common Stock (18,450 underlying) - 99,074
Options (Right to Buy)
Exercise: $5.64From: 2010-02-06Exp: 2019-02-06→ Common Stock (99,074 underlying) - 40,949
Options (Right to Buy)
Exercise: $16.71From: 2011-02-05Exp: 2020-02-05→ Common Stock (40,949 underlying) - 27,695
Options (Right to Buy)
Exercise: $24.40From: 2012-02-04Exp: 2021-02-04→ Common Stock (27,695 underlying) - 28,653
Performance Stock Units
→ Common Stock (28,653 underlying) - 91,439
Options (Right to Buy)
Exercise: $19.50From: 2009-02-01Exp: 2018-02-01→ Common Stock (91,439 underlying) - 5,000
Options (Right to Buy)
Exercise: $16.14From: 2006-02-04Exp: 2015-02-04→ Common Stock (5,000 underlying)
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.
Documents
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