Home/Filings/4/0001209191-04-058422
4//SEC Filing

TEMPLE INLAND INC 4

Accession 0001209191-04-058422

CIK 0000731939operating

Filed

Dec 16, 7:00 PM ET

Accepted

Dec 17, 4:23 PM ET

Size

19.4 KB

Accession

0001209191-04-058422

Insider Transaction Report

Form 4
Period: 2004-12-15
DONEY BART J
Group VP, Packaging
Transactions
  • Tax Payment

    Phantom Shares

    2004-12-1568,724 total
    Exercise: $62.16Common Stock (8,724 underlying)
Holdings
  • Common Stock

    (indirect: By Trust)
    0
  • Option (right to buy)

    Exercise: $55.28From: 2002-02-04Exp: 2010-02-04Common Stock (9,900 underlying)
    4,950
  • Option (right to buy)

    Exercise: $59.25From: 2001-02-05Exp: 2009-02-05Common Stock (4,000 underlying)
    2,000
  • Option (right to buy)

    Exercise: $51.30From: 2002-02-02Exp: 2011-02-02Common Stock (9,000 underlying)
    4,500
  • Option (right to buy)

    Exercise: $55.32From: 2003-02-01Exp: 2012-02-01Common Stock (15,000 underlying)
    7,500
  • Common Stock

    3,250
  • Option (right to buy)

    Exercise: $43.01From: 2004-02-07Exp: 2013-02-07Common Stock (7,500 underlying)
    3,750
Footnotes (11)
  • [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]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. Shares are automatically withheld to pay taxes on the dividends and the disposition of shares withheld for tax purposes is herein reported.
  • [F11]Option Vesting Schedule: Options exercisable 02/06/2005 - 1,125; Options exercisable 02/06/2006 - 1,125; Options exercisable 02/06/2007 - 1,125; Options exercisable 02/06/2008 - 1,125. Effective 11/16,2004, 4,500 shares were transferred to ex-spouse in accordance with a qualified domestic relations order.
  • [F2]Effective 11/16,2004, 2,750 shares of restricted stock were transferred to ex-spouse in accordance with a qualified domestic relations order.
  • [F3]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 December 17, 2004. (Note: Trustee uses unit accounting; therefore, share equivalents may fluctuate slightly from month to month.) According to Trustee, on December 1, 2004, 100% of assets in Reporting Person's account were transferred to ex-spouse in accordance with a qualified domestic relations order.
  • [F4]Options Vesting Schedule: Options Exercisable 02/05/2005 - 2,000. Effective 11/16,2004, 2,000 shares were transferred to ex-spouse in accordance with a qualified domestic relations order.
  • [F5]Options Vesting Schedule: Options Exercisable 02/04/2005 - 1,350; Options Exercisable 02/04/2006 - 3,600. Effective 11/16,2004, 4,950 shares were transferred to ex-spouse in accordance with a qualified domestic relations order.
  • [F6]Options Vesting Schedule: Options Exercisable 02/02/2003 - 750; Options Exercisable 02/02/2004 - 1,875; Options Exercisable 02/02/2005 - 1,875. Effective 11/16,2004, 4,500 shares were transferred to ex-spouse in accordance with a qualified domestic relations order.
  • [F7]Options Vesting Schedule: Options Exercisable 02/01/2003 - 1,875; Options Exercisable 02/01/2004 - 1,875; Options Exercisable 02/01/2005 - 1,875; Options Exercisable 02/01/2006 - 1,875. Effective 11/16,2004, 7,500 shares were transferred to ex-spouse in accordance with a qualified domestic relations order.
  • [F8]Options Vesting Schedule: Options Exercisable 02/07/2005 - 1,250; Options Exercisable 02/07/2006 - 1,250; Options Exercisable 02/07/2007 - 1,250. Effective 11/16,2004, 3,750 shares were transferred to ex-spouse in accordance with a qualified domestic relations order.
  • [F9]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. Effective 11/16/2004 4,542 shares and $30.53 (the value of 1/2 share) were transferred to ex-spouse in accordance with a qualified domestic relations order.

Issuer

TEMPLE INLAND INC

CIK 0000731939

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000731939

Filing Metadata

Form type
4
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 4:23 PM ET
Size
19.4 KB