X0202 4 2007-02-06 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 2007-02-06 2007-02-06 4 M 1 53424 49.79 A 248736 D Common Stock 8319 I By Trustee of 401(k) Plan Option (right to buy) 27.75 2000-02-06 2008-02-06 Common Stock 28000 28000 D Option (right to buy) 32.47 2000-05-01 2008-05-01 Common Stock 74688 74688 D Option (right to buy) 37.64 2001-05-07 2009-05-07 Common Stock 96000 96000 D Option (right to buy) 27.64 2002-02-04 2010-02-04 Common Stock 200000 200000 D Option (right to buy) 25.65 2002-02-02 2011-02-02 Common Stock 200000 200000 D Option (right to buy) 27.66 2003-02-01 2012-02-01 Common Stock 100000 100000 D Option (right to buy) 21.51 2004-02-07 2013-02-07 Common Stock 110000 110000 D Phantom Shares 49.79 2007-02-06 2007-02-06 4 M 1 53424 0.00 D Common Stock 210696 157272 D Option (right to buy) 30.02 2005-02-06 2014-02-06 Common Stock 100000 100000 D Option (right to buy) 37.07 2006-02-04 2015-02-04 Common Stock 100000 100000 D Option (right to buy) 46.20 2007-02-03 2016-02-03 Common Stock 102500 102500 D Restricted Shares Common Stock 52500 52500 D Restricted stock units granted on February 6, 2004 vested effective 02/06/2007. Reporting person deferred receipt of 53,424 shares of phantom restricted stock units pursuant to the Company?s deferred compensation plan. Upon deferral, the restricted stock units were converted to 53,424 shares of restricted stock that become payable upon reporting person?s retirement. 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. (Note: Trustee uses unit accounting; therefore, share equivalents may fluctuate slightly from month to month.) Options Vesting Schedule: Options Exercisable 02/06/2000 - 4,200; Options Exercisable 02/06/2001 - 4,200; Options Exercisable 02/06/2002 - 4,200; Options Exercisable 02/06/2003 - 4,200; Options Exercisable 02/06/2004 - 11,200. Options Vesting Schedule: Options Exercisable 05/01/2000 - 15,000; Options Exercisable 05/01/2001 - 15,000; Options Exercisable 05/01/2002 - 15,000; Options Exercisable 05/01/2003 - 15,000; Options Exercisable 05/01/2004 - 14,688. Options Vesting Schedule: Options Exercisable 05/07/2001 - 14,400; Options Exercisable 05/07/2002 - 14,400; Options Exercisable 05/07/2003 - 14,400; Options Exercisable 05/07/2004 - 14,400; Options Exercisable 05/07/2005 - 38,400. Options Vesting Schedule: Options Exercisable 02/04/2002 - 30,000; Options Exercisable 02/04/2003 - 30,000; Options Exercisable 02/04/2004 - 30,000; Options Exercisable 02/04/2005 - 30,000; Options Exercisable 02/04/2006 - 80,000. Options Vesting Schedule: Options Exercisable 02/02/2002 - 50,000; Options Exercisable 02/02/2003 - 50,000; Options Exercisable 02/02/2004 - 50,000; Options Exercisable 02/02/2005 - 50,000. Options Vesting Schedule: Options Exercisable 02/01/2003 - 25,000; Options Exercisable 02/01/2004 - 25,000; Options Exercisable 02/01/2005 - 25,000; Options Exercisable 02/01/2006 - 25,000. Corrected exercise price to $21.51 as it was incorrectly reported on previous filings as $2151.00. Options Vesting Schedule: Options Exercisable 02/07/2004 - 27,500; Options Exercisable 02/07/2005 - 27,500; Options Exercisable 02/07/2006 - 27,500; Options Exercisable 02/07/2007 - 27,500. Phantom shares accrued under a Company plan, which includes a dividend reinvestment feature, to be settled upon Reporting Person's retirement. 02/06/2004 - 50,000 restricted stock units vest 100% at the end of 3 years if still employed. 02/06/2004 - 70,000 restricted performance stock units vest 0%, 75%, or 100% at the end of 3 years depending on whether certain performance criteria are met. Options Vesting Schedule: Options exercisable 02/06/2005 - 25,000; Options Exercisable 02/06/2006 - 25,000; Options Exercisable 02/06/2007 - 25,000; Options Exercisable 02/06/2008 - 25,000. Options Vesting Schedule: Options exercisable 02/04/2006 - 25,000; Options Exercisable 02/04/2007 - 25,000; Options Exercisable 02/04/2008 - 25,000; Options Exercisable 02/04/2009 - 25,000. Options Vesting Schedule for Options Granted 02/03/2006: Options Exerciserable 02/03/2007 - 25,625; Options Exerciserable 02/03/2008 - 25,625; Options Exerciserable 02/03/2009 - 25,625; and Options Exerciserable 02/03/2010 - 25,625. Corrected exercise date to 02/03/2007 as it was incorrectly reported as 02/02/2007 on previous filings. Corrected expiration date to 02/03/2016 as it was incorrectly reported as 02/03/2010 on previous filings. Restricted Shares granted on February 3, 2006 will vest effective February 3, 2009. Restricted Shares will be settled for cash based on the fair market value on the vesting date. Signed by Leslie K. O'Neal on behalf of Kenneth M. Jastrow, II 2007-02-08