4//SEC Filing
Davis Morris 4
Accession 0001209191-10-007816
CIK 0000731939other
Filed
Feb 8, 7:00 PM ET
Accepted
Feb 9, 3:54 PM ET
Size
23.1 KB
Accession
0001209191-10-007816
Insider Transaction Report
Form 4
Davis Morris
General Counsel
Transactions
- Award
Performance Stock Units
2010-02-05+11,286→ 11,286 total→ Common Stock (11,286 underlying) - Exercise/Conversion
Restricted Stock Units
2010-02-05−8,500→ 0 total→ Common Stock (8,500 underlying) - Award
Common Stock
2010-02-05+12,492→ 12,492 total - Award
Options (Right to buy)
2010-02-05+16,129→ 16,129 totalExercise: $16.71From: 2011-02-05Exp: 2020-02-05→ Common Stock (16,129 underlying)
Holdings
- 34,930
Option (Right to buy)
Exercise: $19.50From: 2009-02-01Exp: 2018-02-01→ Common Stock (34,930 underlying) - 12,029
Restricted Stock Units
→ Common Stock (12,029 underlying) - 253(indirect: By Trust)
Common Stock
- 6,150
Option (Right to Buy)
Exercise: $22.13From: 2007-05-05Exp: 2016-05-05→ Common Stock (6,150 underlying) - 38,900
Options (Right to buy)
Exercise: $5.64From: 2010-02-06Exp: 2019-02-01→ Common Stock (38,900 underlying) - 40,585
Performance Stock Units
→ Common Stock (40,585 underlying) - 6,150
Option (Right to Buy)
Exercise: $24.34From: 2008-02-02Exp: 2017-02-02→ Common Stock (6,150 underlying)
Footnotes (11)
- [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.
- [F10]Options Vesting Schedule for Options Granted 02/05/2010. Options Exercisable 02/05/2011 - 4,032; Options Exercisable 02/05/2012 - 4,032; Options Exercisable 02/05/2013 - 4,032; and Options Exercisable 02/06/2014 - 4,033.
- [F11]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.
- [F2]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.)
- [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 for Options Granted 02/02/2007: Options Exerciserable 02/02/2008 - 1537; Options Exerciserable 02/02/2009 - 1538; Options Exerciserable 02/02/2010 - 1537; and Options Exerciserable 02/02/2011 - 1538.
- [F5]Restricted Stock Units settled for cash.
- [F6]Granted 02/01/2008 Option Vesting Schedule: Options exercisable 02/01/2009, 8732; Options exercisable 02/01/2010, 8733; Options exercisable 02/04/2010, 8732; Options exercisable 02/01/2012, 8733.
- [F7]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.
- [F8]Options Vesting Schedule for Options Granted 02/06/2009. Options Exerciserable 02/06/2010 - 9725; Options Exerciserable 02/06/2011 - 9725; Options Exerciserable 02/06/2012 - 9725; and Options Exerciserable 02/06/2013 - 9725.
- [F9]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.
Documents
Issuer
TEMPLE INLAND INC
CIK 0000731939
Entity typeother
Related Parties
1- filerCIK 0001361883
Filing Metadata
- Form type
- 4
- Filed
- Feb 8, 7:00 PM ET
- Accepted
- Feb 9, 3:54 PM ET
- Size
- 23.1 KB