4//SEC Filing
TEMPLE INLAND INC 4
Accession 0001209191-11-003228
CIK 0000731939operating
Filed
Jan 13, 7:00 PM ET
Accepted
Jan 14, 4:05 PM ET
Size
24.2 KB
Accession
0001209191-11-003228
Insider Transaction Report
Form 4
MALEY JOHN PATRICK III
DirectorChief Operating Officer
Transactions
- Other
Common Stock
2011-01-12$22.49/sh−588$13,224→ 0 total(indirect: By Trust)
Holdings
- 168,611
Common Stock
- 30,000
Option (right to buy)
Exercise: $7.56From: 2005-05-07Exp: 2013-05-07→ Common Stock (30,000 underlying) - 18,000
Option (right to buy)
Exercise: $11.96From: 2005-02-06Exp: 2014-02-06→ Common Stock (18,000 underlying) - 32,000
Option (right to buy)
Exercise: $16.14From: 2006-02-04Exp: 2015-02-04→ Common Stock (32,000 underlying) - 32,800
Option (right to buy)
Exercise: $21.55From: 2007-02-03Exp: 2016-02-03→ Common Stock (32,800 underlying) - 32,800
Option (right to buy)
Exercise: $24.34From: 2008-02-02Exp: 2017-02-02→ 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) - 63,386
Performance Stock Units
→ Common Stock (63,386 underlying)
Footnotes (15)
- [F1]Includes 70,156 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]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.
- [F11]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.
- [F12]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.
- [F13]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.
- [F14]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.
- [F15]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]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.
- [F6]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.
- [F7]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.
- [F8]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.
- [F9]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.
Documents
Issuer
TEMPLE INLAND INC
CIK 0000731939
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000731939
Filing Metadata
- Form type
- 4
- Filed
- Jan 13, 7:00 PM ET
- Accepted
- Jan 14, 4:05 PM ET
- Size
- 24.2 KB