4//SEC Filing
Norton Larry C 4
Accession 0001209191-10-007775
CIK 0000731939other
Filed
Feb 8, 7:00 PM ET
Accepted
Feb 9, 3:26 PM ET
Size
19.1 KB
Accession
0001209191-10-007775
Insider Transaction Report
Form 4
Norton Larry C
Group VP-Cor Pkg-Operations
Transactions
- Award
Common Stock
2010-02-05+32,271→ 42,271 total - Award
Options (right to buy)
2010-02-05+41,668→ 41,668 totalExercise: $16.71From: 2011-02-05Exp: 2020-02-05→ Common Stock (41,668 underlying) - Award
Performance Stock Units
2010-02-05+29,156→ 29,156 total→ Common Stock (29,156 underlying)
Holdings
- 30,061
Restricted Shares
→ Common Stock (30,061 underlying) - 105,177
Performance Stock Units
→ Common Stock (105,177 underlying) - 93(indirect: By Trust)
Common Stock
- 35,000
Restricted Shares
→ Common Stock (35,000 underlying) - 92,469
Options (right to buy)
Exercise: $19.50From: 2009-02-01Exp: 2018-02-01→ Common Stock (92,469 underlying) - 100,810
Options (right to buy)
Exercise: $5.64From: 2010-02-06Exp: 2019-02-06→ Common Stock (100,810 underlying)
Footnotes (9)
- [F1]Restricted Stock Units granted on February 5, 2010 will vest effective February 5, 2013 if 1% ROI or ROI in top three quartiles of peer group performance criteria is met. Restricted Stock Units will be settled for stock 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]Restricted Shares granted on August 9, 2007 that will vest effective May 4, 2010. Restricted Shares will be settled for cash based on the fair market value on the vesting date subject to a 1% ROI performance criteria.
- [F4]Restricted Stock Units granted on February 1, 2008 will vest effective February 1, 2011 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.
- [F5]Granted 02/01/2008 Option Vesting Schedule: Options exercisable 02/01/2009, 23117; Options exercisable 02/01/2010, 23117; Options exercisable 02/01/2011, 23117; Options exercisable 02/01/2012, 23118.
- [F6]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.
- [F7]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.
- [F8]Options Vesting Schedule for Options Granted 02/05/2010. Options Exercisable 02/05/2011 - 10417; Options Exercisable 02/05/2012 - 10417; Options Exercisable 02/05/2013 - 10417; and Options Exercisable 02/06/2014 - 10417.
- [F9]Performance Stock Units granted on February 5, 2010 will vest 100% effective February 5, 2013 if the Company's average ROI falls within the first quartile ROI ranking compared to its peer group, 75% if in the second quartile, zero if in the bottom half. Performance Stock Units will be settled for cash based on the fair market value on the vesting date.
Documents
Issuer
TEMPLE INLAND INC
CIK 0000731939
Entity typeother
Related Parties
1- filerCIK 0001434500
Filing Metadata
- Form type
- 4
- Filed
- Feb 8, 7:00 PM ET
- Accepted
- Feb 9, 3:26 PM ET
- Size
- 19.1 KB