TEMPLE INLAND INC 4
4 · TEMPLE INLAND INC · Filed Feb 15, 2012
Insider Transaction Report
Form 4
REED W ALLEN
Director
Transactions
- Disposition to Issuer
Options (Right to Buy)
2012-02-13−4,000→ 0 totalExercise: $5.36From: 2001-02-04Exp: 2015-02-04→ Common Stock (4,000 underlying) - Disposition to Issuer
Common Stock
2012-02-13−4,000→ 0 total - Disposition to Issuer
Restricted Stock Units (deferred)
2012-02-13−104,250→ 0 totalFrom: 2019-05-03Exp: 2034-05-03→ Common Stock (0 underlying)
Footnotes (1)
- [F1]In accordance with the Agreement and Plan of Merger dated as of September 6, 2011 among Temple-Inland Inc., International Paper Company, and Metal Acquisition Inc., the Merger became effective February 13, 2012. Accordingly, all shares of common stock of Temple-Inland Inc. have been converted into the right to receive $32 per share, and all long term incentives have been converted into the right to receive $32 per share (less the applicable exercise price for options), payable as set forth in the Merger Agreement. All long term incentive plans have been terminated and the Temple-Inland shares will be delisted.