Home/Filings/4/0001209191-04-045204
4//SEC Filing

TURPIN DAVID W 4

Accession 0001209191-04-045204

CIK 0000731939other

Filed

Sep 20, 8:00 PM ET

Accepted

Sep 21, 6:44 PM ET

Size

25.4 KB

Accession

0001209191-04-045204

Insider Transaction Report

Form 4
Period: 2004-09-15
Transactions
  • Tax Payment

    Phantom Stock

    2004-09-1512,032 total
    Exercise: $65.58Common Stock (2,032 underlying)
Holdings
  • Common Stock

    3,652
  • Common Stock

    (indirect: By Trust)
    2,486
  • Option (right to buy)

    Exercise: $42.81From: 1997-02-02Exp: 2006-02-02Common Stock (800 underlying)
    800
  • Option (right to buy)

    Exercise: $51.30From: 2002-02-02Exp: 2011-02-02Common Stock (2,500 underlying)
    2,500
  • Option (right to buy)

    Exercise: $56.06From: 1998-02-07Exp: 2007-02-07Common Stock (1,825 underlying)
    1,825
  • Common Stock

    (indirect: By IRA)
    200
  • Option (right to buy)

    Exercise: $55.32From: 2003-02-01Exp: 2012-02-01Common Stock (10,000 underlying)
    10,000
  • Option (right to buy)

    Exercise: $55.50From: 1999-02-06Exp: 2008-01-06Common Stock (3,000 underlying)
    3,000
  • Option (right to buy)

    Exercise: $55.28From: 2001-02-04Exp: 2010-02-04Common Stock (5,000 underlying)
    5,000
  • Option (right to buy)

    Exercise: $55.50From: 2003-02-06Exp: 2008-02-06Common Stock (4,000 underlying)
    4,000
  • Option (right to buy)

    Exercise: $43.01From: 2004-02-07Exp: 2013-02-07Common Stock (6,000 underlying)
    6,000
Footnotes (13)
  • [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]Options Vesting Schedule: Options Exercisable 02/07/2004 - 1,500; Options Exercisable 02/07/2005 - 1,500; Options Exercisable 02/07/2006 - 1,500; Options Exercisable 02/07/2007 - 1,500.
  • [F11]Phantom shares accrued under a Company plan, which includes a dividend reinvestment feature, to be settled upon Reporting Person?s retirement. 02/06/2004 - 1,000 restricted stock units vest 100% at th end of 3 years if still employed. 02/06/2004 - 1,000 restricted performance stock units vest 0%, 75% or 100% at the end of 3 years depending on whether certain performance criteria are met.
  • [F12]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.
  • [F13]Options Vesting Schedule: Options Exercisable 02/06/2005 - 750; Options Exercisable 02/06/2006 - 750; Options Exercisable 02/06/2007 - 750; Options Exercisable 02/06/2008 - 750.
  • [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 July 31, 2004. (Note: Trustee uses unit accounting; therefore, share equivalents may fluctuate slightly from month to month.)
  • [F3]Options Vesting Schedule: Options Exercisable 02/02/1997 - 160; Options Exercisable 02/02/1998 - 160; Options Exercisable 02/02/1999 - 160; Options Exercisable 02/02/2000 - 160; Options Exercisable 02/02/2001 - 160.
  • [F4]Options Vesting Schedule: Options Exercisable 02/07/1998 - 365; Options Exercisable 02/07/1999 - 365; Options Exercisable 02/07/2000 - 365; Options Exercisable 02/07/2001 - 365; Options Exercisable 02/07/2002 - 365.
  • [F5]Options Vesting Schedule: Options Exercisable 02/06/1999 - 600; Options Exercisable 02/06/2000 - 600; Options Exercisable 02/06/2001 - 600; Options Exercisable 02/06/2002 - 600; Options Exercisable 02/06/2003 - 600.
  • [F6]Options Vesting Schedule: Options Exercisable 02/05/2000 - 600; Options Exercisable 02/05/2001 - 600; Options Exercisable 02/05/2002 - 600; Options Exercisable 02/05/2003 - 600; Options Exercisable 02/05/2004 - 600.
  • [F7]Options Vesting Schedule: Options exercisable 02/04/2001 - 1,000; Options exercisable 02/04/2002 - 1,000; Options exercisable 02/04/2003 - 1,000; Options exercisable 02/04/2004 - 1,000; Options exercisable 02/04/2005 - 1,000.
  • [F8]Options Vesting Schedule: Options exercisable 02/02/2002 - 2,500; Options exercisable 02/02/2003 - 2,500; Options exercisable 02/02/2004 - 2,500; Options exercisable 02/02/2005 - 2,500.
  • [F9]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.

Issuer

TEMPLE INLAND INC

CIK 0000731939

Entity typeother

Related Parties

1
  • filerCIK 0001185934

Filing Metadata

Form type
4
Filed
Sep 20, 8:00 PM ET
Accepted
Sep 21, 6:44 PM ET
Size
25.4 KB