4//SEC Filing
DONEY BART J 4
Accession 0001209191-04-045142
CIK 0000731939other
Filed
Sep 20, 8:00 PM ET
Accepted
Sep 21, 4:17 PM ET
Size
23.3 KB
Accession
0001209191-04-045142
Insider Transaction Report
Form 4
DONEY BART J
Group VP, Packaging
Transactions
- Tax Payment
Phantom Shares
2004-06-15−1→ 13,085 totalExercise: $65.43→ Common Stock (13,085 underlying) - Tax Payment
Phantom Shares
2004-03-15−1→ 13,085 totalExercise: $61.32→ Common Stock (13,085 underlying) - Tax Payment
Phantom Shares
2004-09-15−1→ 13,085 totalExercise: $65.58→ Common Stock (13,085 underlying)
Holdings
- 7,465(indirect: By Trust)
Common Stock
- 9,900
Option (right to buy)
Exercise: $55.28From: 2002-02-04Exp: 2010-02-04→ Common Stock (9,900 underlying) - 9,000
Option (right to buy)
Exercise: $51.30From: 2002-02-02Exp: 2011-02-02→ Common Stock (9,000 underlying) - 15,000
Option (right to buy)
Exercise: $55.32From: 2003-02-01Exp: 2012-02-01→ Common Stock (15,000 underlying) - 6,000
Common Stock
- 7,500
Option (right to buy)
Exercise: $43.01From: 2004-02-07Exp: 2013-02-07→ Common Stock (7,500 underlying) - 4,000
Option (right to buy)
Exercise: $59.25From: 2001-02-05Exp: 2009-02-05→ Common Stock (4,000 underlying)
Footnotes (10)
- [F1]In accordance with the Shareholder Rights Plan adopted by the Company on February 9, 1999, Preferred Stock Purchase Rights are deemed to be attached to the shares of Common Stock.
- [F10]Option Vesting Schedule: Options exercisable 02/06/2005 - 2,250; Options exercisable 02/06/2006 - 2,250; Options exercisable 02/06/2007 - 2,250; Options exercisable 02/06/2008 - 2,250.
- [F2]Reporting Person acquired additional shares through on-going acquisitions under 401(k) plan. By trustee of the Temple-Inland Salaried Savings Plan according to the latest report of the Plan Administrator dated June 30, 2004. (Note: Trustee uses unit accounting; therefore, share equivalents may fluctuate slightly from month to month.)
- [F3]Options Vesting Schedule: Options Exercisable 02/05/2001 - 1,500; Options Exercisable 02/05/2002 - 1,500; Options Exercisable 02/05/2003 - 1,500; Options Exercisable 02/05/2004 - 1,500; Options Exercisable 02/05/2005 - 4,000.
- [F4]Options Vesting Schedule: Options Exercisable 02/04/2002 - 2,700; Options Exercisable 02/04/2003 - 2,700; Options Exercisable 02/04/2004 - 2,700; Options Exercisable 02/04/2005 - 2,700; Options Exercisable 02/04/2006 - 7,200.
- [F5]Options Vesting Schedule: Options Exercisable 02/02/2002 - 3,750; Options Exercisable 02/02/2003 - 3,750; Options Exercisable 02/02/2004 - 3,750; Options Exercisable 02/02/2005 - 3,750.
- [F6]Options Vesting Schedule: Options Exercisable 02/01/2003 - 3,750; Options Exercisable 02/01/2004 - 3,750; Options Exercisable 02/01/2005 - 3,750; Options Exercisable 02/01/2006 - 3,750.
- [F7]Options Vesting Schedule: Options Exercisable 02/07/2005 - 2,500; Options Exercisable 02/07/2006 - 2,500; Options Exercisable 02/07/2007 - 2,500.
- [F8]Phantom shares accrued under a Company plan, which includes a dividend reinvestment feature, to be settled upon the reporting person's retirement. 02/06/2004 - 4,000 restricted stock units vest 100% at the end of 3 years if still employed. 02/06/2004 - 4,000 restricted performance stock units vest 0%, 75% or 100% at the end of 3 years depending on whether certain performance criteria are met.
- [F9]Temple-Inland maintains a DRIP that is available to all shareholders and in addition has a phantom stock program for executive employees under which dividends are reinvested on the same basis as the DRIP available to shareholders. Acquisitions of stock under the DRIP feature are therefore exempt under Section 16a-11. Shares automatically withheld to pay taxes on the dividends have been reported under the total shares held, but the disposition was assumed to be exempt since the underlying acquisition was exempt. Upon further consideration, we have determined that the better approach may be to report the dispositions at the time the dividends are paid.
Documents
Issuer
TEMPLE INLAND INC
CIK 0000731939
Entity typeother
Related Parties
1- filerCIK 0001185905
Filing Metadata
- Form type
- 4
- Filed
- Sep 20, 8:00 PM ET
- Accepted
- Sep 21, 4:17 PM ET
- Size
- 23.3 KB