DONEY BART J 4

Accession 0001209191-08-007821

CIK 0000731939other

View on SEC.gov Company Profile

Filed

Feb 4, 7:00 PM ET

Accepted

Feb 5, 4:41 PM ET

Size

27.4 KB

Accession

0001209191-08-007821

Insider Transaction Report

Form 4

Period: 2008-02-01

TEMPLE INLAND INCTIN

DONEY BART J

Group VP, Packaging

Transactions

Award
Option (right to buy)
2008-02-01+69,365→ 69,635 total
Exercise: $19.50From: 2009-02-01Exp: 2018-02-01→ Common Stock (69,635 underlying)
Award
Restricted Stock Units
2008-02-01+21,483→ 21,483 total
→ Common Stock (21,483 underlying)

Holdings

Restricted Stock Units
→ Common Stock (13,800 underlying)
13,800
Phantom Shares
→ Common Stock (4,979 underlying)
4,979
Common Stock
(indirect: By Trust)
392
Option (right to buy)
Exercise: $10.55From: 2006-02-04Exp: 2010-02-04→ Common Stock (7,200 underlying)
7,200
Restricted Stock Units
→ Common Stock (15,000 underlying)
15,000
Option (right to buy)
Exercise: $6.92From: 2006-02-07Exp: 2013-02-07→ Common Stock (5,000 underlying)
5,000
Option (right to buy)
Exercise: $21.55From: 2007-02-03Exp: 2016-02-03→ Common Stock (13,850 underlying)
13,850
Common Stock
23,893
Option (right to buy)
Exercise: $16.14From: 2006-02-04Exp: 2015-02-04→ Common Stock (18,000 underlying)
18,000
Option (right to buy)
Exercise: $11.96From: 2006-02-06Exp: 2014-02-06→ Common Stock (6,750 underlying)
6,750
Option (right to buy)
Exercise: $10.56From: 2006-02-01Exp: 2012-02-01→ Common Stock (3,750 underlying)
3,750

Footnotes (14)

[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 for Options Granted 02/02/2007: Options Exerciserable 02/02/2008 - 3,462; Options Exerciserable 02/02/2009 - 3,463; Options Exerciserable 02/02/2010 - 3,462; and Options Exerciserable 02/02/2011 - 3,463.
[F11]As disclosed in Form 8-K dated August 9, 2007, restricted stock units ("RSUs") and performance stock units awarded in 2006 and 2007 were cancelled August 9 and new RSUs were issued with 1% ROI performance criteria to reflect the Company?s Transformation Plan. 6,300 Restricted Stock Units granted on February 3, 2006 and 7,500 Performance Stock Units granted on February 3, 2006 (not considered derivative securities) were cancelled for a total of 13,800 cancelled units (6,300 + 7,500 = 13,800). 13,800 new Restricted Stock Units were issued on August 9, 2007 and will vest on February 3, 2009. Restricted Stock Units will be settled for cash based on the fair market value on the vesting date subject to a 1% ROI performance criteria.
[F12]As disclosed in Form 8-K dated August 9, 2007, restricted stock units ("RSUs") and performance stock units awarded in 2006 and 2007 were cancelled August 9 and new RSUs were issued with 1% ROI performance criteria to reflect the Company?s Transformation Plan. 5,000 Restricted Stock Units granted on February 2, 2007 and 10,000 Performance Stock Units granted on February 2, 2007 (not considered derivative securities) were cancelled for a total of 15,000 cancelled units (5,000 + 10,000 = 15,000). 15,000 new Restricted Stock Units were issued on August 9, 2007 and will vest on February 2, 2010. Restricted Stock Units will be settled for cash based on the fair market value on the vesting date subject to a 1% ROI performance criteria.
[F13]Granted 02/01/2008 Option Vesting Schedule: Options exercisable 02/01/2009, 17341; Options exercisable 02/01/2010, 17341; Options exercisable 02/01/2011, 17341; Options exercisable 02/01/2012, 17342.
[F14]Restricted Stock Units granted on February 1, 2008 will vest effective February 1, 2010 if 1% ROI performance criteria is met. Restricted Stock Units will be settled for cash based on the fair market value on the vesting date.
[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]The exercise price of these outstanding options were amended from that previously reported in connection with the spin-off announced by the Company effective 12/28/2007, and pursuant to anti-dilution provisions set forth in the option plan and is intended to give the option the same economic value it had before the spin-off.
[F4]Options Vesting Schedule: Options Exercisable 02/07/2006 - 2,500; Options Exercisable 02/07/2007 - 2,500.
[F5]Phantom shares accrued under a Company plan, to be settled upon the reporting person's retirement. Phantom shares earned before 2006 are payable in stock. Phantom shares earned in 2006 or later are payable in cash.
[F6]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 performance stock units vest 0%, 75% or 100% at the end of 3 years depending on whether certain performance criteria are met.
[F7]Option Vesting Schedule: Options exercisable 02/06/2006 - 2,250; Options exercisable 02/06/2007 - 2,250; Options exercisable 02/06/2008 - 2,250.
[F8]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.
[F9]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.

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION

Issuer

TEMPLE INLAND INC

CIK 0000731939

→

Entity typeother

Related Parties

filerCIK 0001185905

Filing Metadata

Form type: 4
Filed: Feb 4, 7:00 PM ET
Accepted: Feb 5, 4:41 PM ET
Size: 27.4 KB

View on SEC.gov