DONEY BART J 4
4 · TEMPLE INLAND INC · Filed Jun 16, 2006
Insider Transaction Report
Form 4
DONEY BART J
Group VP, Packaging
Transactions
- Tax Payment
Phantom Shares
2006-06-15−1→ 18,045 totalExercise: $40.43→ Common Stock (18,045 underlying)
Holdings
- 5,000
Option (right to buy)
Exercise: $21.51From: 2006-02-07Exp: 2013-02-07→ Common Stock (5,000 underlying) - 7,200
Option (right to buy)
Exercise: $27.64From: 2006-02-04Exp: 2010-02-04→ Common Stock (7,200 underlying) - 202(indirect: By Trust)
Common Stock
- 6,750
Option (right to buy)
Exercise: $30.02From: 2006-02-06Exp: 2014-02-06→ Common Stock (6,750 underlying) - 13,850
Option (right to buy)
Exercise: $46.20From: 2007-02-03Exp: 2010-02-03→ Common Stock (13,850 underlying) - 14,500
Common Stock
- 3,750
Option (right to buy)
Exercise: $27.66From: 2006-02-01Exp: 2012-02-01→ Common Stock (3,750 underlying) - 18,000
Option (right to buy)
Exercise: $37.07From: 2006-02-04Exp: 2015-02-04→ Common Stock (18,000 underlying) - 6,300
Restricted Shares
→ Common Stock (6,300 underlying)
Footnotes (8)
- [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.
- [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. (Note: Trustee uses unit accounting; therefore, share equivalents may fluctuate slightly from month to month.)
- [F3]Options Vesting Schedule: Options Exercisable 02/07/2006 - 2,500; Options Exercisable 02/07/2007 - 2,500.
- [F4]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 - 8,000 restricted stock units vest 100% at the end of 3 years if still employed. 02/06/2004 - 8,000 restricted performance stock units vest 0%, 75% or 100% at the end of 3 years depending on whether certain performance criteria are met.
- [F5]Option Vesting Schedule: Options exercisable 02/06/2006 - 2,250; Options exercisable 02/06/2007 - 2,250; Options exercisable 02/06/2008 - 2,250.
- [F6]Option Vesting Schedule: Options exercisable 02/04/2006 - 4,500; Options exercisable 02/04/2007 - 4,500; Options exercisable 02/04/2008 - 4,500; Options exercisable 02/04/2009 - 4,500.
- [F7]Options Vesting Schedule for Options Granted 02/03/2006: Options Exerciserable 02/03/2007 - 3,462; Options Exerciserable 02/03/2008 - 3,462; Options Exerciserable 02/03/2009 - 3,462; and Options Exerciserable 02/03/2010 - 3,464.
- [F8]Restricted Shares granted on February 3, 2006 will vest effective February 3, 2009. Restricted Shares will be settled for cash based on the fair market value on the vesting date.