Home/Filings/4/0001209191-11-003222
4//SEC Filing

O NEAL LESLIE K 4

Accession 0001209191-11-003222

CIK 0000731939other

Filed

Jan 13, 7:00 PM ET

Accepted

Jan 14, 3:56 PM ET

Size

21.1 KB

Accession

0001209191-11-003222

Insider Transaction Report

Form 4
Period: 2011-01-12
O NEAL LESLIE K
VP, Secretary, & AsstGenCnsl
Transactions
  • Other

    Common Stock

    2011-01-12$22.49/sh6,848$154,0120 total(indirect: By Trust)
  • Other

    Common Stock

    2011-01-12$22.49/sh5,047$113,5070 total(indirect: By Trust)
Holdings
  • Common Stock

    52,004
  • Option (right to buy)

    Exercise: $21.55From: 2007-02-03Exp: 2016-02-03Common Stock (6,150 underlying)
    6,150
  • Option (right to buy)

    Exercise: $24.34From: 2008-02-02Exp: 2017-02-02Common Stock (10,000 underlying)
    10,000
  • Option (Right to buy)

    Exercise: $19.50From: 2009-02-01Exp: 2018-02-01Common Stock (54,170 underlying)
    54,170
  • Restricted Stock Unit

    Common Stock (18,909 underlying)
    18,909
  • Option (Right to buy)

    Exercise: $5.64From: 2010-02-06Exp: 2019-02-06Common Stock (60,608 underlying)
    60,608
  • Performance Stock Units

    Common Stock (63,233 underlying)
    63,233
  • Option (Right to buy)

    Exercise: $16.71From: 2011-02-05Exp: 2020-02-05Common Stock (16,943 underlying)
    16,943
  • Performance Stock Units

    Common Stock (11,856 underlying)
    11,856
Footnotes (12)
  • [F1]Includes 13,122 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.
  • [F10]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.
  • [F11]Options Vesting Schedule for Options Granted 02/05/2010. Options Exercisable 02/05/2011 - 4,235; Options Exercisable 02/05/2012 - 4,236; Options Exercisable 02/05/2013 - 4,236; and Options Exercisable 02/06/2014 - 4,236.
  • [F12]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]Reporting Person held shares under a 401(k) plan, and figures are according to the latest report of the Plan Administrator. (Note: Plan Administrator used unit accounting; therefore, share equivalents may fluctuate slightly.)
  • [F3]As reported by the plan administrator on January 13, 2011, between January 1, 2011 and January 12, 2011 the 401(k) plan administrator completed a mandatory divestiture of all stock in the company stock fund upon direction of the plan trustees in accordance with policy adopted in 2007 for all plan participants.
  • [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 for Options Granted 02/03/2006: Options Exerciserable 02/03/2007 - 1,537; Options Exerciserable 02/03/2008 - 1,537; Options Exerciserable 02/03/2009 - 1,537; and Options Exerciserable 02/03/2010 - 1,539.
  • [F6]Options Vesting Schedule for Options Granted 02/02/2007: Options Exerciserable 02/02/2008 - 2,500; Options Exerciserable 02/02/2009 - 2,500; Options Exerciserable 02/02/2010 - 2,500; and Options Exerciserable 02/02/2011 - 2,500.
  • [F7]Granted 02/01/2008 Option Vesting Schedule: Options exercisable 02/01/2009, 13542; Options exercisable 02/01/2010, 13543; Options exercisable 02/01/2011, 13542; Options exercisable 02/01/2012, 13543.
  • [F8]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.
  • [F9]Options Vesting Schedule for Options Granted 02/06/2009. Options Exerciserable 02/06/2010 - 15,152; Options Exerciserable 02/06/2011 - 15,152; Options Exerciserable 02/06/2012 - 15,152; and Options Exerciserable 02/06/2013 - 15,152.

Issuer

TEMPLE INLAND INC

CIK 0000731939

Entity typeother

Related Parties

1
  • filerCIK 0001185917

Filing Metadata

Form type
4
Filed
Jan 13, 7:00 PM ET
Accepted
Jan 14, 3:56 PM ET
Size
21.1 KB