4//SEC Filing
JOHNSTON J BRADLEY 4
Accession 0001127602-11-006718
CIK 0000731939other
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 3:29 PM ET
Size
26.9 KB
Accession
0001127602-11-006718
Insider Transaction Report
Form 4
JOHNSTON J BRADLEY
Chief Administrative Officer
Transactions
- Sale
Common Stock
2011-02-22$24.76/sh−10,000$247,600→ 64,551 total - Exercise/Conversion
Common Stock
2011-02-22+10,000→ 74,551 total - Exercise/Conversion
Options (Right to Buy)
2011-02-22−10,000→ 0 totalExercise: $10.56From: 2003-02-01Exp: 2012-02-01→ Common Stock (10,000 underlying)
Holdings
- 22,923
Performance Stock Units
→ Common Stock (22,923 underlying) - 20,000
Options (Right to Buy)
Exercise: $6.92From: 2004-02-07Exp: 2013-02-07→ Common Stock (20,000 underlying) - 16,000
Options (Right to Buy)
Exercise: $11.96From: 2005-02-06Exp: 2014-02-06→ Common Stock (16,000 underlying) - 32,760
Options (Right to Buy)
Exercise: $16.71From: 2011-02-05Exp: 2020-02-05→ Common Stock (32,760 underlying) - 103,365
Performance Stock Units
→ Common Stock (103,365 underlying) - 18,000
Options (Right to Buy)
Exercise: $16.14From: 2006-02-04Exp: 2015-02-04→ Common Stock (18,000 underlying) - 91,439
Options (Right to Buy)
Exercise: $19.50From: 2009-02-01Exp: 2018-02-01→ Common Stock (91,439 underlying) - 18,450
Options (Right to Buy)
Exercise: $21.55From: 2007-02-03Exp: 2016-02-03→ 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) - 22,157
Options (Right to Buy)
Exercise: $24.40From: 2012-02-04Exp: 2021-02-04→ Common Stock (22,157 underlying) - 18,450
Options (Right to Buy)
Exercise: $24.34From: 2008-02-02Exp: 2017-02-02→ Common Stock (18,450 underlying)
Footnotes (16)
- [F1]Includes 25,372 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 02/03/2006: 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.
- [F11]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 - 4,613.
- [F12]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.
- [F13]Options Vesting Schedule for Options Granted 02/06/2009. Options Exerciserable 02/06/2010 - 24768; Options Exerciserable 02/06/2011 - 24769; Options Exerciserable 02/06/2012 - 24768; and Options Exerciserable 02/06/2013 - 24769.
- [F14]Options Vesting Schedule for Options Granted 02/05/2010. Options Exercisable 02/05/2011 - 8190; Options Exercisable 02/05/2012 - 8190; Options Exercisable 02/05/2013 - 8190; and Options Exercisable 02/06/2014 - 8190.
- [F15]Options granted 02/04/11 vest as follows: 5539 on 02/04/12, 5539 on 02/04/13, 5539 on 02/04/14 and 5540 on 02/04/15.
- [F16]Includes 16,316 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.
- [F2]Options Vesting Schedule: Options Exercisable 02/01/2003 - 2,500; Options Exercisable 02/01/2004 - 2,500; Options Exercisable 02/01/2005 - 2,500; Options Exercisable 02/01/2006 - 2,500.
- [F3]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.
- [F4]This price is a weighted average price and the prices actually paid differed by less than $1.00. The reporting person will provide any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range.
- [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 02/07/2004 - 5,000; Options Exercisable 02/07/2005 - 5,000; Options Exercisable 02/07/2006 - 5,000; Options Exercisable 02/07/2007 - 5,000.
- [F8]Options Vesting Schedule: Options exercisable 02/06/2005 - 4,000; Options Exercisable 02/06/2006 - 4,000; Options Exercisable 02/06/2007 - 4,000; Options Exercisable 02/06/2008 - 4,000.
- [F9]Options Vesting Schedule: Options exercisable 02/04/2006 - 4,500; Options exercisable 02/04/2007 - 4,500;Options exercisable 02/04/2008 - 4,500;Options exercisable 02/04/2009 - 4,500.
Documents
Issuer
TEMPLE INLAND INC
CIK 0000731939
Entity typeother
Related Parties
1- filerCIK 0001185911
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 3:29 PM ET
- Size
- 26.9 KB