X0202 4 2007-05-04 0 0000731939 TEMPLE INLAND INC TIN 0001327096 DeCosmo James M 1300 SOUTH MOPAC AUSTIN TX 78746 0 1 0 0 Group Vice President, Forest Common Stock 12020 D Common Stock 1215 I By Trustee of 401(k) Plan Option (right to buy) 27.64 2004-02-04 2010-02-04 Common Stock 2000 2000 D Option (right to buy) 25.65 2002-02-02 2011-02-02 Common Stock 10000 10000 D Option (right to buy) 27.66 2004-02-01 2012-02-01 Common Stock 6000 6000 D Options (right to buy) 21.51 2005-02-07 2013-02-07 Common Stock 7500 7500 D Options (right to buy) 30.02 2005-02-06 2014-02-06 Common Stock 5000 5000 D Options (right to buy) 37.07 2006-02-04 2015-02-04 Common Stock 16000 16000 D Options (right to buy) 46.20 2007-02-03 2016-02-03 Common Stock 18450 18450 D Restricted Shares Common Stock 8400 8400 D Options (right to buy) 50.90 2008-02-02 2017-02-02 Common Stock 18450 18450 D Restricted Shares Common Stock 7000 7000 D Restricted Shares 2007-05-04 2007-05-04 4 A 0 25000 0.00 A Common Stock 25000 25000 D 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. (Note: Trustee uses unit accounting; therefore, share equivalents may fluctuate slightly from month to month.) Options Vesting Schedule: Options Exercisable 02/04/2004 - 800; and Options Exercisable 02/04/2005 - 1200. Options Vesting Schedule: Options Exercisable 02/02/2002- 2,500; Options Exercisable 02/02/2003 - 2,500; Options Exercisable 02/02/2004 - 2,500; and Options Exercisable 02/02/2005 - 2,500. Options Vesting Schedule: Options Exercisable 02/01/2004 - 1,000; Options Exercisable 02/01/2005 - 2,500; Options Exercisable 02/01/2006 - 2,500. Options Vesting Schedule: Options Exercisable 02/07/2005 - 2,500; Options Exercisable 02/07/2006 - 2,500; Options Exercisable 02/07/2007 - 2,500. Options Vesting Schedule: Options Exercisable 02/06/2005 - 1,250; Options Exercisable 02/06/2006 - 1,250; Options Exercisable 02/06/2007 - 1,250; Options Exercisable 02/06/2008 - 1,250. Options Vesting Schedule: Options Exercisable 02/04/2006 - 4,000;Options Exercisable 02/04/2007 - 4,000; Options Exercisable 02/04/2008 - 4,000; and Options Exercisable 02/04/2009 - 4,000. Vesting Schedule for Options Granted 02/03/2006: Options Exerciserable 02/03/2007 - 4,612; Options Exerciserable 02/03/2008 - 4,612; Options Exerciserable 02/03/2009 - 4,612; and Options Exerciserable 02/03/2010 - 4,614. 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. Options Vesting Schedule for Options Granted 02/02/2007 at an exercise price of $50.90: Options Exerciserable 02/02/2008 - 4,612; Options Exerciserable 02/02/2009 - 4,613; Options Exerciserable 02/02/2010 - 4,612; and Options Exerciserable 02/02/2011 - 4,613. Restricted Shares granted on February 2, 2007 will vest effective February 2, 2010. Restricted Shares will be settled for cash based on the fair market value on the vesting date. Restricted Shares granted as a "launch award" on May 4, 2007 will vest effective May 4, 2010. Restricted Shares will be settled for cash based on the fair market value on the vesting date. Leslie K. O'Neal signed on behalf of James M. DeCosmo 2007-05-07