4//SEC Filing
MALEY JOHN PATRICK III 4
Accession 0001209191-10-007819
CIK 0000731939other
Filed
Feb 8, 7:00 PM ET
Accepted
Feb 9, 3:58 PM ET
Size
29.8 KB
Accession
0001209191-10-007819
Insider Transaction Report
Form 4
MALEY JOHN PATRICK III
DirectorChief Operating Officer
Transactions
- Award
Performance Stock Units
2010-02-05+63,386→ 63,386 total→ Common Stock (63,386 underlying) - Award
Common Stock
2010-02-05+70,156→ 168,611 total - Award
Option (Right to buy)
2010-02-05+90,586→ 90,586 totalExercise: $16.71From: 2010-02-05Exp: 2020-02-05→ Common Stock (90,586 underlying) - Exercise/Conversion
Restricted Stock Units
2010-02-05−35,000→ 0 total→ Common Stock (35,000 underlying)
Holdings
- 32,800
Option (right to buy)
Exercise: $21.55From: 2007-02-03Exp: 2016-02-03→ Common Stock (32,800 underlying) - 32,800
Option (right to buy)
Exercise: $24.34From: 2008-02-02Exp: 2017-02-02→ Common Stock (32,800 underlying) - 228,653
Performance Stock Units
From: 2010-02-06Exp: 2019-02-06→ Common Stock (228,653 underlying) - 32,000
Option (right to buy)
Exercise: $16.14From: 2006-02-04Exp: 2015-02-04→ Common Stock (32,000 underlying) - 40,000
Restricted Stock Units
→ Common Stock (40,000 underlying) - 212,245
Option (right to buy)
Exercise: $19.50From: 2009-02-01Exp: 2018-02-01→ Common Stock (212,245 underlying) - 219,161
Option (Right to buy)
Exercise: $5.64From: 2010-02-06Exp: 2019-02-06→ Common Stock (219,161 underlying) - 30,000
Option (right to buy)
Exercise: $7.56From: 2005-05-07Exp: 2013-05-07→ Common Stock (30,000 underlying) - 58,777
Restricted Stock Units
→ Common Stock (58,777 underlying) - 609(indirect: By Trust)
Common Stock
- 18,000
Option (right to buy)
Exercise: $11.96From: 2005-02-06Exp: 2014-02-06→ Common Stock (18,000 underlying)
Footnotes (16)
- [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]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. 40,000 Restricted Stock Units granted as a "launch award" on May 4, 2007 were cancelled. 40,000 new Restricted Stock Units were issued on August 9, 2007 and will vest on May 4, 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]Granted 02/01/2008 Option Vesting Schedule: Options exercisable 02/01/2009, 53061; Options exercisable 02/01/2010, 53061; Options exercisable 02/01/2011, 53061; Options exercisable 02/01/2012, 53062.
- [F12]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.
- [F13]Options Vesting Schedule for Options Granted 02/06/2009. Options Exerciserable 02/06/2010 - 54,790; Options Exerciserable 02/06/2011 - 54,790; Options Exerciserable 02/06/2012 - 54,790; and Options Exerciserable 02/06/2013 - 54,791.
- [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.
- [F15]Options Vesting Schedule for Options Granted 02/05/2010. Options Exercisable 02/05/2011 - 22,646; Options Exercisable 02/05/2012 - 22,646; Options Exercisable 02/05/2013 - 22,646; and Options Exercisable 02/06/2014 - 22,647.
- [F16]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]Option Vesting Schedule: Options Exercisable on 05/07/2005 - 10,000; Options Exercisable on 5/07/2006 - 10,000 ; and Options Exercisable on 05/07/2007 - 10,000.
- [F5]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.
- [F6]Options Vesting Schedule: Options exercisable 02/04/2006 - 8,000; Options Exercisable 02/04/2007 - 8,000; Options Exercisable 02/04/2008 - 8,000; Options Exercisable 02/04/2009 - 8,000.
- [F7]Options Vesting Schedule for Options Granted 02/03/2006: Options Exerciserable 02/03/2007 - 8,200; Options Exerciserable 02/03/2008 - 8,200; Options Exerciserable 02/03/2009 - 8,200; and Options Exerciserable 02/03/2010 - 8,200.
- [F8]Options Vesting Schedule for Options Granted 02/02/2007 at an exercise price of $50.90: Options Exerciserable 02/02/2008 - 8,200; Options Exerciserable 02/02/2009 - 8,200; Options Exerciserable 02/02/2010 - 8,200; and Options Exerciserable 02/02/2011 - 8,200.
- [F9]Restricted Stock Units settled for cash.
Documents
Issuer
TEMPLE INLAND INC
CIK 0000731939
Entity typeother
Related Parties
1- filerCIK 0001231549
Filing Metadata
- Form type
- 4
- Filed
- Feb 8, 7:00 PM ET
- Accepted
- Feb 9, 3:58 PM ET
- Size
- 29.8 KB