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TEMPLE INLAND INC·4

Sep 2, 4:17 PM ET

SWEENY JACK C 4

4 · TEMPLE INLAND INC · Filed Sep 2, 2009

Insider Transaction Report

Form 4
Period: 2009-09-01
TEMPLE INLAND INCTIN
SWEENY JACK C
Group VP, Forest Products
Transactions
  • Sale

    Common Stock

    2009-09-01$16.21/sh−30,000$486,300→ 74,427 total
  • Exercise/Conversion

    Option (right to buy)

    2009-09-01−30,000→ 0 total
    Exercise: $9.37From: 2002-02-02Exp: 2011-02-02→ Common Stock (30,000 underlying)
  • Exercise/Conversion

    Common Stock

    2009-09-01$9.37/sh+30,000$281,100→ 104,427 total
Holdings

  • Option (right to buy)

    Exercise: $16.14From: 2006-02-04Exp: 2015-02-04→ Common Stock (24,000 underlying)
    24,000

  • Option (right to buy)

    Exercise: $11.96From: 2005-02-06Exp: 2014-02-06→ Common Stock (18,000 underlying)
    18,000

  • Options (right to buy)

    Exercise: $5.64From: 2010-02-06Exp: 2019-02-06→ Common Stock (100,810 underlying)
    100,810

  • Option (right to buy)

    Exercise: $10.56From: 2003-02-01Exp: 2012-02-01→ Common Stock (40,000 underlying)
    40,000

  • Performance Stock Units

    → Common Stock (105,177 underlying)
    105,177

  • Option (right to buy)

    Exercise: $6.92From: 2004-02-07Exp: 2013-02-07→ Common Stock (20,000 underlying)
    20,000

  • Restricted Stock Units

    → Common Stock (36,506 underlying)
    36,506

  • Option (right to buy)

    Exercise: $21.55From: 2007-02-03Exp: 2016-02-03→ Common Stock (24,600 underlying)
    24,600

  • Common Stock

    (indirect: By Trust)
    16,049

  • Restricted Stock Units

    → Common Stock (24,500 underlying)
    24,500

  • Option (right to buy)

    Exercise: $19.50From: 2009-02-01Exp: 2018-02-01→ Common Stock (116,135 underlying)
    116,135
Footnotes (14)
  • [F1]Reporting Person holds shares under a 401(k) plan, and figures are according to the latest report of the Plan Administrator. (Note: Plan Administrator uses unit accounting; therefore, share equivalents may fluctuate slightly.)
  • [F10]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. 9,000 Restricted Stock Units granted on February 2, 2007 and 15,500 Performance Stock Units granted on February 2, 2007 (not considered derivative securities) were cancelled for a total of 24,500 cancelled units (9,000 + 15,500 = 24,500). 24,500 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.
  • [F11]Restricted Stock Units granted on February 1, 2008 will vest effective February 2, 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.
  • [F12]Granted 02/01/2008 Option Vesting Schedule: Options exercisable 02/01/2009, 29033; Options exercisable 02/01/2010, 29034; Options exercisable 02/01/2011, 29034; Options exercisable 02/01/2012, 29034.
  • [F13]Options Vesting Schedule for Options Granted 02/06/2009. Options Exerciserable 02/06/2010 - 25202; Options Exerciserable 02/06/2011 - 25203; Options Exerciserable 02/06/2012 - 25202; and Options Exerciserable 02/06/2013 - 25203.
  • [F14]Performance Stock Units granted on February 6, 2009 will vest effective February 6, 2012 if 1% ROI performance criteria is met, or Company is above the 4th Quartile ROI ranking compared to its peer group. Performance Stock Units will be settled for cash based on the fair market value on the vesting date.
  • [F2]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.
  • [F3]Options Vesting Schedule: Options Exercisable 02/02/2002 - 7,500; Options Exercisable 02/02/2003 - 7,500; Options Exercisable 02/02/2004 - 7,500; Options Exercisable 02/02/2005 - 7,500.
  • [F4]Options Vesting Schedule: Options Exercisable 02/01/2003 - 10,000; Options Exercisable 02/01/2004 - 10,000; Options Exercisable 02/01/2005 - 10,000; Options Exercisable 02/01/2006 - 10,000.
  • [F5]Options Vesting Schedule: Options Exercisable 02/07/2004 - 5,000; Options Exercisable 02/07/2005 - 5,000; Options Exercisable 02/07/2006 - 5,000; Options Exercisable 02/07/2007 - 5,000.
  • [F6]Options Vesting Schedule: Options exercisable 02/06/2005 - 4,500; Options Exercisable 02/06/2006 - 4,500; Options Exercisable 02/06/2007 - 4,500; Options Exercisable 02/06/2008 - 4,500.
  • [F7]Option 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]Options Vesting Schedule for Options Granted 02/02/2007: 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.

Documents

1 file
  • 4
    doc4.xmlPrimary

    FORM 4 SUBMISSION