4//SEC Filing
TEMPLE INLAND INC 4
Accession 0001209191-10-025263
CIK 0000731939operating
Filed
May 4, 8:00 PM ET
Accepted
May 5, 10:04 AM ET
Size
24.7 KB
Accession
0001209191-10-025263
Insider Transaction Report
Form 4
MALEY JOHN PATRICK III
DirectorChief Operating Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2010-05-04−40,000→ 0 total→ Common Stock (40,000 underlying)
Holdings
- 168,611
Common Stock
- 63,386
Performance Stock Units
→ Common Stock (63,386 underlying) - 32,000
Option (right to buy)
Exercise: $16.14From: 2006-02-04Exp: 2015-02-04→ Common Stock (32,000 underlying) - 30,000
Option (right to buy)
Exercise: $7.56From: 2005-05-07Exp: 2013-05-07→ Common Stock (30,000 underlying) - 588(indirect: By Trust)
Common Stock
- 32,800
Option (right to buy)
Exercise: $21.55From: 2007-02-03Exp: 2016-02-03→ Common Stock (32,800 underlying) - 212,245
Option (right to buy)
Exercise: $19.50From: 2009-02-01Exp: 2018-02-01→ Common Stock (212,245 underlying) - 58,777
Restricted Stock Units
→ Common Stock (58,777 underlying) - 219,161
Option (Right to buy)
Exercise: $5.64From: 2010-02-06Exp: 2019-02-06→ Common Stock (219,161 underlying) - 228,653
Performance Stock Units
→ Common Stock (228,653 underlying) - 90,586
Option (Right to buy)
Exercise: $16.71From: 2010-02-05Exp: 2020-02-05→ Common Stock (90,586 underlying) - 18,000
Option (right to buy)
Exercise: $11.96From: 2005-02-06Exp: 2014-02-06→ Common Stock (18,000 underlying)
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]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.
- [F11]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.
- [F12]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.
- [F13]Options Vesting Schedule for Options Granted 02/05/2010. Options Exercisable 02/05/2011 - 22,646; Options Exercisable 02/05/2012 - 22,647; Options Exercisable 02/05/2013 - 22,646; and Options Exercisable 02/06/2014 - 22,647.
- [F14]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]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]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.
- [F4]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.
- [F5]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.
- [F6]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.
- [F7]Options Vesting Schedule for Options Granted 02/02/2007 at an exercise price of $24.34: 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.
- [F8]Restricted Stock Units (with performance criteria) settled for cash.
- [F9]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.
Documents
Issuer
TEMPLE INLAND INC
CIK 0000731939
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000731939
Filing Metadata
- Form type
- 4
- Filed
- May 4, 8:00 PM ET
- Accepted
- May 5, 10:04 AM ET
- Size
- 24.7 KB