Home/Filings/4/0001209191-10-054611
4//SEC Filing

SMITH SCOTT H 4

Accession 0001209191-10-054611

CIK 0000731939other

Filed

Nov 11, 7:00 PM ET

Accepted

Nov 12, 3:49 PM ET

Size

29.4 KB

Accession

0001209191-10-054611

Insider Transaction Report

Form 4
Period: 2010-11-09
SMITH SCOTT H
Chief Information Officer
Transactions
  • Exercise/Conversion

    Common Stock

    2010-11-09$9.37/sh+7,500$70,27566,464 total
  • Sale

    Common Stock

    2010-11-09$21.00/sh7,500$157,50058,964 total
  • Exercise/Conversion

    Option (right to buy)

    2010-11-097,5000 total
    Exercise: $9.37From: 2002-02-02Exp: 2011-02-02Common Stock (7,500 underlying)
Holdings
  • Restricted Stock Units

    Common Stock (21,482 underlying)
    21,482
  • Performance Stock Units

    From: 2010-02-06Exp: 2019-02-06Common Stock (82,619 underlying)
    82,619
  • Performance Stock Units

    Common Stock (18,323 underlying)
    18,323
  • Common Stock

    (indirect: By Trust)
    4,696
  • Option (right to buy)

    Exercise: $11.96From: 2005-02-06Exp: 2014-02-06Common Stock (16,000 underlying)
    16,000
  • Option (right to buy)

    Exercise: $6.92From: 2004-02-07Exp: 2013-02-07Common Stock (20,000 underlying)
    20,000
  • Option (right to buy)

    Exercise: $16.14From: 2006-02-04Exp: 2015-02-04Common Stock (16,000 underlying)
    16,000
  • Option (right to buy)

    Exercise: $21.55From: 2007-02-03Exp: 2016-02-03Common Stock (16,400 underlying)
    16,400
  • Options (right to buy)

    Exercise: $16.71From: 2011-02-05Exp: 2020-02-05Common Stock (26,185 underlying)
    26,185
  • Option (right to buy)

    Exercise: $10.56From: 2003-02-01Exp: 2012-02-01Common Stock (30,000 underlying)
    30,000
  • Option (right to buy)

    Exercise: $24.34From: 2008-02-02Exp: 2017-02-02Common Stock (16,400 underlying)
    16,400
  • Option (Right to buy)

    Exercise: $19.50From: 2009-02-01Exp: 2018-02-01Common Stock (76,306 underlying)
    76,306
  • Options (right to buy)

    Exercise: $5.64From: 2010-02-06Exp: 2019-02-06Common Stock (79,190 underlying)
    79,190
Footnotes (17)
  • [F1]The price in Column 4 is a weighted average price. The prices actually paid ranged from $20.97 to $21.03. The reporting person will provide any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range.
  • [F10]Options Vesting Schedule for Options Granted 02/03/2006: Options Exerciserable 02/03/2007 - 4,100; Options Exerciserable 02/03/2008 - 4,100; Options Exerciserable 02/03/2009 - 4,100; and Options Exerciserable 02/03/2010 - 4,100.
  • [F11]Options Vesting Schedule for Options Granted 02/02/2007. Options Exerciserable 02/02/2008 - 4,100; Options Exerciserable 02/02/2009 - 4,100; Options Exerciserable 02/02/2010 - 4,100; and Options Exerciserable 02/02/2011 - 4,100.
  • [F12]Granted 02/01/2008 Option Vesting Schedule: Options exercisable 02/01/2009, 19076; Options exercisable 02/01/2010,19077; Options exercisable 02/01/2011, 19076; Options exercisable 02/01/2012, 19077.
  • [F13]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.
  • [F14]Options Vesting Schedule for Options Granted 02/06/2009. Options Exerciserable 02/06/2010 - 19,797; Options Exerciserable 02/06/2011 - 19,798; Options Exerciserable 02/06/2012 - 19,797; and Options Exerciserable 02/06/2013 - 19,798.
  • [F15]Performance Stock Units granted on February 6, 2009 will vest on or after February 6, 2012 at 100% 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. PSUs will be settled for cash based on the fair market value on the vesting date.
  • [F16]Options Vesting Schedule for Options Granted 02/05/2010. Options Exercisable 02/05/2011 - 6546; Options Exercisable 02/05/2012 - 6546; Options Exercisable 02/05/2013 - 6546; and Options Exercisable 02/06/2014 - 6546.
  • [F17]Performance Stock Units granted on February 5, 2010 will vest on or after February 5, 2013 at 100% 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. PSUs will be settled for cash based on the fair market value on the vesting date.
  • [F2]Includes 20,280 Restricted Stock Units granted to Reporting Person on February 5, 2010. These RSUs will vest effective February 5, 2013 if 1% ROI or ROI in top three quartiles of peer group performance criteria is met, and will be settled for stock on the vesting date.
  • [F3]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.)
  • [F4]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.
  • [F5]Options Vesting Schedule: Options Exercisable 02/02/2005 - 7,500.
  • [F6]Options Vesting Schedule: Options Exercisable 02/01/2003 - 7,500; Options Exercisable 02/01/2004 - 7,500; Options Exercisable 02/01/2005 - 7,500; Options Exercisable 02/01/2006 - 7,500.
  • [F7]Options Vesting Schedule: Options Exercisable 02/07/2004 - 5,000; Options Exercisable 02/07/2005 - 5,000; Options Exercisable 02/07/2006 - 5,000; Options Exercisable 02/07/2007 - 5,000.
  • [F8]Options Vesting Schedule: Options exercisable 02/06/2005 - 4,000; Options Exercisable 02/06/2006 - 4,000; Options Exercisable 02/06/2007 - 4,000; Options Exercisable 02/06/2008 - 4,000.
  • [F9]Option Vesting Schedule: Options exercisable 02/04/2006 - 4,000; Options exercisable 02/04/2007 - 4,000; Options exercisable 02/04/2008 - 4,000; Options exercisable 02/04/2009 - 4,000.

Issuer

TEMPLE INLAND INC

CIK 0000731939

Entity typeother

Related Parties

1
  • filerCIK 0001185953

Filing Metadata

Form type
4
Filed
Nov 11, 7:00 PM ET
Accepted
Nov 12, 3:49 PM ET
Size
29.4 KB