X0303 4 2011-02-04 0000731939 TEMPLE INLAND INC TIN 0001428070 Ferguson Carolyn C. 1300 SOUTH MOPAC THIRD FLOOR AUSTIN TX 78746 1 Vice President Internal Audit Common Stock 2011-02-04 2011-02-04 4 A 0 4873 0 A 14346 D Options (Right to Buy) 24.40 2011-02-04 4 A 0 6618 0 A 2012-02-04 2021-02-04 Common Stock 6618 6618 D Restricted Stock Units 2011-02-04 2011-02-04 4 D 0 12051 0 D Common Stock 0 0 D Performance Stock Units Common Stock 8559 8559 D Performance Stock Units Common Stock 38592 38592 D Options (Right to Buy) 11.96 2005-02-06 2014-02-06 Common Stock 1250 1250 D Options (Right to Buy) 16.14 2006-02-04 2015-02-04 Common Stock 2500 2500 D Options (Right to Buy) 21.55 2007-02-03 2016-02-03 Common Stock 5125 5125 D Options (Right to Buy) 24.34 2008-02-02 2017-02-02 Common Stock 5125 5125 D Options (Right to Buy) 19.50 2009-02-01 2018-02-01 Common Stock 32199 32199 D Options (Right to Buy) 5.64 2010-02-06 2019-02-06 Common Stock 27743 27743 D Options (Right to Buy) 16.71 2011-02-05 2020-02-05 Common Stock 12231 12231 D 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. Restricted Stock Units settled for cash. Includes 4,873 Restricted Stock Units granted to Reporting Person on February 4, 2011. These RSUs will vest effective February 4, 2014 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. Includes 9,473 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 Performance Stock Units granted on February 5, 2010 will vest on or after February 5, 2010, 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. Performance Stock Units will be settled for cash based on the fair market value on the vesting date. 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. Performance Stock Units will be settled for cash based on the fair market value on the vesting date. Option vesting schedule for options granted 02/06/04: 1250 on 02/06/05, 1250 on 02/06/06, 1250 on 02/06/07 and 1250 on 02/06/08. 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. Option Vesting Schedule for Options Granted 02/04/2005: Options exercisable 02/04/2006 - 1250; Options exercisable 02/04/2007 - 1250; Options exercisable 02/04/2008 - 1250; Options exercisable 02/04/2009 - 1250. Options Vesting Schedule for Options Granted 02/03/2006: Options Exerciserable 02/03/2007 - 1281; Options Exerciserable 02/03/2008 - 1281; Options Exerciserable 02/03/2009 - 1281; and Options Exerciserable 02/03/2010 - 1282. Options Vesting Schedule for Options Granted 02/02/2007: Options Exerciserable 02/02/2008 - 1281; Options Exerciserable 02/02/2009 - 1281; Options Exerciserable 02/02/2010 - 1281; and Options Exerciserable 02/02/2011 - 1282. Granted 02/01/2008 Option Vesting Schedule: Options exercisable 02/01/2009, 8049; Options exercisable 02/01/2010, 8050; Options exercisable 02/01/2011, 8050; Options exercisable 02/01/2012, 8050. Options Vesting Schedule for Options Granted 02/06/2009. Options Exerciserable 02/06/2010 - 9247; Options Exerciserable 02/06/2011 - 9248; Options Exerciserable 02/06/2012 - 9247; and Options Exerciserable 02/06/2013 - 9248. Options Vesting Schedule for Options Granted 02/05/2010. Options Exerciserable 02/05/2011 - 3,057; Options Exerciserable 02/05/2012 - 3,058; Options Exerciserable 02/05/2013 - 3,058; and Options Exerciserable 02/06/2014 - 3,058. /s/ Leslie K. O'Neal on Behalf of Reporting Person 2011-02-08