Home/Filings/4/0001209191-11-003234
4//SEC Filing

Davis Morris 4

Accession 0001209191-11-003234

CIK 0000731939other

Filed

Jan 13, 7:00 PM ET

Accepted

Jan 14, 4:10 PM ET

Size

19.2 KB

Accession

0001209191-11-003234

Insider Transaction Report

Form 4
Period: 2011-01-12
Davis Morris
General Counsel
Transactions
  • Other

    Common Stock

    2011-01-12$22.49/sh244$5,4880 total(indirect: By Trust)
Holdings
  • Common Stock

    12,492
  • Option (Right to Buy)

    Exercise: $22.13From: 2007-05-05Exp: 2016-05-05Common Stock (6,150 underlying)
    6,150
  • Options (Right to buy)

    Exercise: $16.71From: 2011-02-05Exp: 2020-02-05Common Stock (16,129 underlying)
    16,129
  • Option (Right to Buy)

    Exercise: $24.34From: 2008-02-02Exp: 2017-02-02Common Stock (6,150 underlying)
    6,150
  • Option (Right to buy)

    Exercise: $19.50From: 2009-02-01Exp: 2018-02-01Common Stock (34,930 underlying)
    34,930
  • Restricted Stock Units

    Common Stock (12,029 underlying)
    12,029
  • Options (Right to buy)

    Exercise: $5.64From: 2010-02-06Exp: 2019-02-01Common Stock (38,900 underlying)
    38,900
  • Performance Stock Units

    Common Stock (40,585 underlying)
    40,585
  • Performance Stock Units

    Common Stock (11,286 underlying)
    11,286
Footnotes (11)
  • [F1]Includes 12492 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]Options Vesting Schedule for Options Granted 02/05/2010. Options Exercisable 02/05/2011 - 4,032; Options Exercisable 02/05/2012 - 4,032; Options Exercisable 02/05/2013 - 4,032; and Options Exercisable 02/06/2014 - 4,033.
  • [F11]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 02/02/2007: Options Exerciserable 02/02/2008 - 1537; Options Exerciserable 02/02/2009 - 1538; Options Exerciserable 02/02/2010 - 1537; and Options Exerciserable 02/02/2011 - 1538.
  • [F6]Granted 02/01/2008 Option Vesting Schedule: Options exercisable 02/01/2009, 8732; Options exercisable 02/01/2010, 8733; Options exercisable 02/04/2010, 8732; Options exercisable 02/01/2012, 8733.
  • [F7]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.
  • [F8]Options Vesting Schedule for Options Granted 02/06/2009. Options Exerciserable 02/06/2010 - 9725; Options Exerciserable 02/06/2011 - 9725; Options Exerciserable 02/06/2012 - 9725; and Options Exerciserable 02/06/2013 - 9725.
  • [F9]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.

Issuer

TEMPLE INLAND INC

CIK 0000731939

Entity typeother

Related Parties

1
  • filerCIK 0001361883

Filing Metadata

Form type
4
Filed
Jan 13, 7:00 PM ET
Accepted
Jan 14, 4:10 PM ET
Size
19.2 KB