4/A//SEC Filing
Vesci Dennis J 4/A
Accession 0001209191-11-003218
CIK 0000731939other
Filed
Jan 13, 7:00 PM ET
Accepted
Jan 14, 3:52 PM ET
Size
34.7 KB
Accession
0001209191-11-003218
Insider Transaction Report
Form 4/AAmended
Vesci Dennis J
Grp VP,Corr Pkg-Operations
Transactions
- Sale
Common Stock
2010-11-02$20.86/sh−9,500$198,170→ 54,819 total - Exercise/Conversion
Options (right to buy)
2010-11-02−5,000→ 0 totalExercise: $11.96From: 2005-02-06Exp: 2014-02-06→ Common Stock (5,000 underlying) - Exercise/Conversion
Common Stock
2010-11-02$6.92/sh+3,000$20,760→ 59,319 total - Exercise/Conversion
Options (right to buy)
2010-11-02−1,500→ 0 totalExercise: $10.56From: 2006-02-01Exp: 2012-02-01→ Common Stock (1,500 underlying) - Exercise/Conversion
Common Stock
2010-11-02$10.56/sh+1,500$15,840→ 56,319 total - Exercise/Conversion
Common Stock
2010-11-02$11.96/sh+5,000$59,800→ 64,319 total - Exercise/Conversion
Options (right to buy)
2010-11-02−3,000→ 0 totalExercise: $6.92From: 2006-02-07Exp: 2013-02-07→ Common Stock (3,000 underlying)
Holdings
- 2,800(indirect: By Trust)
Common Stock
- 18,450
Options (right to buy)
Exercise: $24.34From: 2008-02-02Exp: 2017-02-02→ Common Stock (18,450 underlying) - 99,074
Options (right to buy)
Exercise: $5.64From: 2010-02-06Exp: 2019-02-06→ Common Stock (99,074 underlying) - 103,365
Performance Stock Units
→ Common Stock (103,365 underlying) - 28,653
Performance Stock Units
→ Common Stock (28,653 underlying) - 12,041
Restricted Stock Units (Deferred)
→ Common Stock (12,041 underlying) - 18,450
Options (right to buy)
Exercise: $21.55From: 2007-02-03Exp: 2016-02-03→ Common Stock (18,450 underlying) - 5,000
Options (right to buy)
Exercise: $16.14From: 2006-02-04Exp: 2015-02-04→ Common Stock (5,000 underlying) - 91,439
Options (right to buy)
Exercise: $19.50From: 2009-02-01Exp: 2018-02-01→ Common Stock (91,439 underlying) - 29,216
Restricted Stock Units
→ Common Stock (29,216 underlying) - 40,949
Options (right to buy)
Exercise: $16.71From: 2011-02-05Exp: 2020-02-05→ Common Stock (40,949 underlying)
Footnotes (18)
- [F1]Error in calculation.
- [F10]Restricted stock units deferred under a terminated Company bonus deferral plan, to be settled upon the reporting person's retirement. Restricted stock units earned before 2006 are payable in stock. Restricted stock units earned in 2006 or later are payable in cash.
- [F11]Options Vesting Schedule for Options Granted 02/03/2006: Options Exerciserable 02/03/2007 - 4,612; Options Exerciserable 02/03/2008 - 4,612; Options Exerciserable 02/03/2009 - 4,612; and Options Exerciserable 02/03/2010 - 4,614.
- [F12]Options Vesting Schedule for Options Granted 02/02/2007: Options Exerciserable 02/02/2008 - 4,612; Options Exerciserable 02/02/2009 - 4,613; Options Exerciserable 02/02/2010 - 4,612; and Options Exerciserable 02/02/2011 - 4,612.
- [F13]Granted 02/01/2008 Option Vesting Schedule: Options exercisable 02/01/2009, 22859; Options exercisable 02/01/2010, 22860; Options exercisable 02/01/2011, 22860; Options exercisable 02/01/2012, 22860.
- [F14]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.
- [F15]Options Vesting Schedule for Options Granted 02/06/2009. Options Exerciserable 02/06/2010 - 24,768; Options Exerciserable 02/06/2011 - 24,769; Options Exerciserable 02/06/2012 - 24,768; and Options Exerciserable 02/06/2013 - 24,769.
- [F16]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.
- [F17]Options Vesting Schedule for Options Granted 02/05/2010. Options Exerciserable 02/05/2011 - 10237; Options Exerciserable 02/05/2012 - 10237; Options Exerciserable 02/05/2013 - 10237; and Options Exerciserable 02/06/2014 - 10238.
- [F18]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% in the second quartile, zero if in the bott0m half. PSUs will be settled for cash based on the fair market value on the vesting date.
- [F2]The price in Column 4 is weighted average price. The prices actually paid ranged from $20.73 to $21.03. 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.
- [F3]Includes 31714 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.
- [F4]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.)
- [F5]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.
- [F6]Option vesting schedule: Options Exercisable 02/01/2006 - 1500
- [F7]Options Vesting Schedule: Options Exercisable 02/07/2006 - 1,500 and Options Exercisable 02/07/2007 - 1,500.
- [F8]Options Vesting Schedule: Options Exercisable 02/06/2005 - 1,250, Options Exercisable 02/06/2006 - 1,250, Options Exercisable 02/06/2007 - 1,250, and Options Exercisable 02/06/2008 - 1,250.
- [F9]Options Vesting Schedule: Options Exercisable 02/04/2006 - 1,250, Options Exercisable 02/04/2007 - 1,250, Options Exercisable 02/04/2008 - 1,250, and Options Exercisable 02/04/2009 - 1,250.
Documents
Issuer
TEMPLE INLAND INC
CIK 0000731939
Entity typeother
Related Parties
1- filerCIK 0001335843
Filing Metadata
- Form type
- 4/A
- Filed
- Jan 13, 7:00 PM ET
- Accepted
- Jan 14, 3:52 PM ET
- Size
- 34.7 KB