TEMPLE INLAND INC 4
4 · TEMPLE INLAND INC · Filed Feb 6, 2007
Insider Transaction Report
Form 4
DUBUQUE KENNETH R
Group VP, Financial Services
Transactions
- Tax Payment
Common Stock
2007-02-02$50.90/sh−1,058$53,852→ 30,942 total - Award
Restricted Shares
2007-02-02+9,000→ 9,000 total→ Common Stock (9,000 underlying) - Award
Option (right to buy)
2007-02-02+24,600→ 24,600 totalExercise: $50.90From: 2008-02-02Exp: 2017-02-02→ Common Stock (24,600 underlying)
Holdings
- 148,610
Phantom Shares
Exercise: $45.67→ Common Stock (148,610 underlying) - 24,000
Option (right to buy)
Exercise: $30.02From: 2005-02-06Exp: 2014-02-06→ Common Stock (24,000 underlying) - 24,600
Option (right to buy)
Exercise: $46.20From: 2007-02-03Exp: 2016-02-03→ Common Stock (24,600 underlying) - 25(indirect: By Trust)
Common Stock
- 8,000
Common Stock
Exercise: $21.51From: 2004-02-07Exp: 2013-02-07→ Common Stock (8,000 underlying) - 10,500
Restricted Shares
→ Common Stock (10,500 underlying)
Footnotes (11)
- [F1]Shares withheld for tax purposes on vested 2001 Restricted Shares Award.
- [F10]Options Vesting Schedule for Options Granted 02/02/2007 at an exercise price of $50.90: Options Exerciserable 02/02/2008 - 6,150; Options Exerciserable 02/02/2009 - 6,150; Options Exerciserable 02/02/2010 - 6,150; and Options Exerciserable 02/02/2011 - 6,150.
- [F11]Restricted Shares granted on February 2, 2007 will vest effective February 2, 2010. Restricted Shares will be settled for cash based on the fair market value on the vesting date.
- [F2]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.
- [F3]Reporting Person acquired additional shares through on-going acquisitions under 401(k) plan. By trustee of the Temple-Inland Savings and Retirement 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.)
- [F4]Options Vesting Schedule: Options Exercisable 02/07/2004 - 8,000; Options Exercisable 02/07/2005 - 8,000; Options Exercisable 02/07/2006 - 8,000; Options Exercisable 02/07/2007 - 8,000.
- [F5]Phantom shares accrued under the fee deferral plan, which includes a dividend reinvestment feature, to be settled upon the reporting person's retirement. Phantom shares accrued under a Company plan, which includes a dividend reinvestment feature, to be settled upon Reporting Person's retirement. 02/06/2004 - 10,000 restricted stock units vest 100% at the end of 3 years if still employed. 02/06/2004 - 10,000 restricted performance stock units vest 0%, 75%, or 100% at the end of 3 years depending on whether certain performance criteria are met.
- [F6]Options Vesting Schedule: Options exercisable 02/06/2005 - 6,000; Options Exercisable 02/06/2006 - 6,000; Options Exercisable 02/06/2007 - 6,000; Options Exercisable 02/06/2008 - 6,000.
- [F7]Options Vesting Schedule: Options exercisable 02/04/2006 - 6,000; Options Exercisable 02/04/2007 - 6,000; Options Exercisable 02/04/2008 - 6,000; Options Exercisable 02/04/2009 - 6,000.
- [F8]Options Vesting Schedule for Options Granted 02/03/2006: Options Exerciserable 02/03/2007 - 6,150; Options Exerciserable 02/03/2008 - 6,150; Options Exerciserable 02/03/2009 - 6,150; and Options Exerciserable 02/03/2010 - 6,150.
- [F9]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.