Norton Larry C 4
4 · TEMPLE INLAND INC · Filed Feb 15, 2012
Insider Transaction Report
Form 4
Norton Larry C
Group VP-Cor Pkg-Operations
Transactions
- Disposition to Issuer
Performance Stock Units
2012-02-13−105,177→ 0 total→ Common Stock (105,177 underlying) - Disposition to Issuer
Options (Right to Buy)
2012-02-13−92,469→ 0 totalExercise: $19.50From: 2009-02-01Exp: 2018-02-01→ Common Stock (92,469 underlying) - Disposition to Issuer
Common Stock
2012-02-13−63,702→ 0 total - Disposition to Issuer
Options (Right to Buy)
2012-02-13−100,810→ 0 totalExercise: $5.64From: 2010-02-06Exp: 2019-02-06→ Common Stock (100,810 underlying) - Disposition to Issuer
Options (Right to Buy)
2012-02-13−41,668→ 0 totalExercise: $16.71From: 2011-02-05Exp: 2020-02-05→ Common Stock (41,668 underlying) - Disposition to Issuer
Performance Stock Units
2012-02-13−29,156→ 0 total→ Common Stock (29,156 underlying) - Disposition to Issuer
Options (Right to Buy)
2012-02-13−28,182→ 0 totalExercise: $24.40From: 2012-02-04Exp: 2021-02-04→ Common Stock (28,182 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.