HELLER JEFFREY M 4
4 · TEMPLE INLAND INC · Filed Feb 15, 2012
Insider Transaction Report
Form 4
HELLER JEFFREY M
Director
Transactions
- Disposition to Issuer
Options (Right to Buy)
2012-02-13−20,000→ 0 totalExercise: $12.38From: 2005-05-07Exp: 2014-05-07→ Common Stock (20,000 underlying) - Disposition to Issuer
Restricted Stock Units (deferred)
2012-02-13−104,336→ 0 totalFrom: 2012-05-04Exp: 2027-05-04→ Common Stock (104,336 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.