Home/Filings/4/0001209191-10-007819
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
Period: 2010-02-05
MALEY JOHN PATRICK III
DirectorChief Operating Officer
Transactions
  • Award

    Performance Stock Units

    2010-02-05+63,38663,386 total
    Common Stock (63,386 underlying)
  • Award

    Common Stock

    2010-02-05+70,156168,611 total
  • Award

    Option (Right to buy)

    2010-02-05+90,58690,586 total
    Exercise: $16.71From: 2010-02-05Exp: 2020-02-05Common Stock (90,586 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    2010-02-0535,0000 total
    Common Stock (35,000 underlying)
Holdings
  • Option (right to buy)

    Exercise: $21.55From: 2007-02-03Exp: 2016-02-03Common Stock (32,800 underlying)
    32,800
  • Option (right to buy)

    Exercise: $24.34From: 2008-02-02Exp: 2017-02-02Common Stock (32,800 underlying)
    32,800
  • Performance Stock Units

    From: 2010-02-06Exp: 2019-02-06Common Stock (228,653 underlying)
    228,653
  • Option (right to buy)

    Exercise: $16.14From: 2006-02-04Exp: 2015-02-04Common Stock (32,000 underlying)
    32,000
  • Restricted Stock Units

    Common Stock (40,000 underlying)
    40,000
  • Option (right to buy)

    Exercise: $19.50From: 2009-02-01Exp: 2018-02-01Common Stock (212,245 underlying)
    212,245
  • Option (Right to buy)

    Exercise: $5.64From: 2010-02-06Exp: 2019-02-06Common Stock (219,161 underlying)
    219,161
  • Option (right to buy)

    Exercise: $7.56From: 2005-05-07Exp: 2013-05-07Common Stock (30,000 underlying)
    30,000
  • Restricted Stock Units

    Common Stock (58,777 underlying)
    58,777
  • Common Stock

    (indirect: By Trust)
    609
  • Option (right to buy)

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

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