X0202 4/A 2005-02-04 2005-02-08 0 0000731939 TEMPLE INLAND INC TIN 0001041966 JASTROW KENNETH M II 1300 SOUTH MOPAC AUSTIN TX 78746 1 1 0 0 Chairman and CEO Common Stock 2005-02-04 2005-02-04 4 A 0 25000 74.13 A 94413 D Common Stock 3924 I By Trustee of 401(k) Plan Option (right to buy) 56.06 1999-02-07 2007-02-07 Common Stock 12480 12480 D Option (right to buy) 55.50 2000-02-06 2008-02-06 Common Stock 14000 14000 D Option (right to buy) 64.94 2000-05-01 2008-05-01 Common Stock 37344 37344 D Option (right to buy) 75.28 2001-05-07 2009-05-07 Common Stock 48000 48000 D Option (right to buy) 55.28 2002-02-04 2010-02-04 Common Stock 100000 100000 D Option (right to buy) 51.30 2002-02-02 2011-02-02 Common Stock 100000 100000 D Option (right to buy) 55.32 2003-02-01 2012-02-01 Common Stock 50000 50000 D Option (right to buy) 43.01 2004-02-07 2013-02-07 Common Stock 55000 55000 D Phantom Shares 74.13 2005-02-04 2005-02-04 4 A 0 12950 0.00 A Common Stock 12950 98933 D Option (right to buy) 60.03 2005-02-06 2014-02-06 Common Stock 50000 50000 D Option (right to buy) 74.13 2005-02-04 2005-02-04 4 A 0 50000 0.00 A 2006-02-04 2015-02-04 Common Stock 50000 50000 D Phantom Shares 2005-02-04 2005-02-04 4 F 0 254 0.00 D Common Stock 254 98933 D Restricted shares acquired through an award under a Company plan. In accordance with the Shareholder Rights Plan adopted by the Company on February 9, 1999, Preferred Stock Purchase Rights are deemed to be attached to the shares of Common Stock. Reporting Person acquired additional shares through on-going acquisitions under 401(k) plan. By trustee of the Temple-Inland Salaried Savings Plan according to the latest report of the Plan Administrator dated January 31, 2005. (Note: Trustee uses unit accounting; therefore, share equivalents may fluctuate slightly from month to month.) Options Vesting Schedule: Options Exercisable 02/07/1999 - 1,872; Options Exercisable 02/07/2000 - 1,872; Options Exercisable 02/07/2001 - 1,872; Options Exercisable 02/07/2002 - 1,872; Options Exercisable 02/07/2003 - 4,992. Options Vesting Schedule: Options Exercisable 02/06/2000 - 2,100; Options Exercisable 02/06/2001 - 2,100; Options Exercisable 02/06/2002 - 2,100; Options Exercisable 02/06/2003 - 2,100; Options Exercisable 02/06/2004 - 5,600. Options Vesting Schedule: Options Exercisable 05/01/2000 - 7,500; Options Exercisable 05/01/2001 - 7,500; Options Exercisable 05/01/2002 - 7,500; Options Exercisable 05/01/2003 - 7,500; Options Exercisable 05/01/2004 - 7,344. Options Vesting Schedule: Options Exercisable 05/07/2001 - 7,200; Options Exercisable 05/07/2002 - 7,200; Options Exercisable 05/07/2003 - 7,200; Options Exercisable 05/07/2004 - 7,200; Options Exercisable 05/07/2005 - 19,200. Options Vesting Schedule: Options Exercisable 02/04/2002 - 15,000; Options Exercisable 02/04/2003 - 15,000; Options Exercisable 02/04/2004 - 15,000; Options Exercisable 02/04/2005 - 15,000; Options Exercisable 02/04/2006 - 40,000. Options Vesting Schedule: Options Exercisable 02/02/2002 - 25,000; Options Exercisable 02/02/2003 - 25,000; Options Exercisable 02/02/2004 - 25,000; Options Exercisable 02/02/2005 - 25,000. Options Vesting Schedule: Options Exercisable 02/01/2003 - 12,500; Options Exercisable 02/01/2004 - 12,500; Options Exercisable 02/01/2005 - 12,500; Options Exercisable 02/01/2006 - 12,500. Options Vesting Schedule: Options Exercisable 02/07/2004 - 13,750; Options Exercisable 02/07/2005 - 13,750; Options Exercisable 02/07/2006 - 13,750; Options Exercisable 02/07/2007 - 13,750. Phantom shares accrued under a Company plan, which includes a dividend reinvestment feature, to be settled upon Reporting Person's retirement. 02/06/2004 - 25,000 restricted stock units vest 100% at the end of 3 years if still employed. 02/06/2004 - 35,000 restricted performance stock units vest 0%, 75%, or 100% at the end of 3 years depending on whether certain performance criteria are met. Due to a programming error the number of shares reported in the December 17, 2004 filing was inaccurate. The shares withheld for tax purposes were over reported by one share. In Form 4 filed December 23, 2004, 381 shares were acquired instead of a disposition as was reported. The total holdings in Column 9 were correctly reported. Options Vesting Schedule: Options exercisable 02/06/2005 - 12,500; Options Exercisable 02/06/2006 - 12,500; Options Exercisable 02/06/2007 - 12,500; Options Exercisable 02/06/2008 - 12,500. Options Vesting Schedule: Options exercisable 02/04/2006 - 12,500; Options Exercisable 02/04/2007 - 12,500; Options Exercisable 02/04/2008 - 12,500; Options Exercisable 02/04/2009 - 12,500. Reporting Person was notified by the Plan Administrator that corrections had been made to his account to reflect an under withholding of tax in the amount of 62 shares at a fair market value of $60.03 related to his 2/6/04 bonus deferral and dividends thereon; 13 shares at a fair market value of $66.03 related to his 12/23/04 deferral of compensation; and 179 shares at a fair market value of 74.13 related to his 2/4/05 bonus deferral. Signed by Leslie K. O'Neal on behalf of Kenneth M. Jastrow, II 2005-03-01