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
SMITH SCOTT H
Chief Information Officer
Transactions
- Exercise/Conversion
Common Stock
2010-11-09$9.37/sh+7,500$70,275→ 66,464 total - Sale
Common Stock
2010-11-09$21.00/sh−7,500$157,500→ 58,964 total - Exercise/Conversion
Option (right to buy)
2010-11-09−7,500→ 0 totalExercise: $9.37From: 2002-02-02Exp: 2011-02-02→ Common Stock (7,500 underlying)
Holdings
- 21,482
Restricted Stock Units
→ Common Stock (21,482 underlying) - 82,619
Performance Stock Units
From: 2010-02-06Exp: 2019-02-06→ Common Stock (82,619 underlying) - 18,323
Performance Stock Units
→ Common Stock (18,323 underlying) - 4,696(indirect: By Trust)
Common Stock
- 16,000
Option (right to buy)
Exercise: $11.96From: 2005-02-06Exp: 2014-02-06→ Common Stock (16,000 underlying) - 20,000
Option (right to buy)
Exercise: $6.92From: 2004-02-07Exp: 2013-02-07→ Common Stock (20,000 underlying) - 16,000
Option (right to buy)
Exercise: $16.14From: 2006-02-04Exp: 2015-02-04→ Common Stock (16,000 underlying) - 16,400
Option (right to buy)
Exercise: $21.55From: 2007-02-03Exp: 2016-02-03→ Common Stock (16,400 underlying) - 26,185
Options (right to buy)
Exercise: $16.71From: 2011-02-05Exp: 2020-02-05→ Common Stock (26,185 underlying) - 30,000
Option (right to buy)
Exercise: $10.56From: 2003-02-01Exp: 2012-02-01→ Common Stock (30,000 underlying) - 16,400
Option (right to buy)
Exercise: $24.34From: 2008-02-02Exp: 2017-02-02→ Common Stock (16,400 underlying) - 76,306
Option (Right to buy)
Exercise: $19.50From: 2009-02-01Exp: 2018-02-01→ Common Stock (76,306 underlying) - 79,190
Options (right to buy)
Exercise: $5.64From: 2010-02-06Exp: 2019-02-06→ Common Stock (79,190 underlying)
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.
Documents
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