X0303 4/A 2009-02-06 2009-02-10 0 0000731939 TEMPLE INLAND INC TIN 0001185911 JOHNSTON J BRADLEY 1300 SOUTH MOPAC THIRD FLOOR AUSTIN TX 78746 0 1 0 0 Chief Administrative Officer Common Stock 2009-02-06 2009-02-06 4 F 0 1852 5.64 D 20980 D Common Stock 3037 I By Trustee of 401(k) Plan. Option (right to buy) 9.37 2002-02-02 2011-02-02 Common Stock 8000 8000 D Option (right to buy) 10.56 2003-02-01 2012-02-01 Common Stock 10000 10000 D Option (right to buy) 6.92 2004-02-07 2013-02-07 Common Stock 20000 20000 D Option (right to buy) 11.96 2005-02-06 2014-02-06 Common Stock 16000 16000 D Option (right to buy) 16.14 2006-02-04 2015-02-04 Common Stock 18000 18000 D Option (right to buy) 21.55 2007-02-03 2016-02-03 Common Stock 18450 18450 D Option (right to buy) 24.34 2008-02-02 2017-02-02 Common Stock 18450 18450 D Restricted Stock Units 2009-02-06 2009-02-06 4 M 0 18400 0.00 D Common Stock 18400 0 D Restricted Stock Units Common Stock 20000 20000 D Option (right to buy) 19.50 2009-02-01 2018-02-01 Common Stock 91439 91439 D Restricted Stock Units Common Stock 29216 29216 D Options (right to buy) 5.64 2009-02-06 2009-02-06 4 A 0 99074 0.00 A 2010-02-06 2019-02-06 Common Stock 99074 99074 D Performance Stock Units 2009-02-06 2009-02-06 4 A 0 130542 0.00 A Common Stock 103365 103365 D Shares withheld for tax purposes on vested 2003 Restricted Shares Award. 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 02/02/2002 - 2,000; Options Exercisable 02/02/2003 - 2,000; Options Exercisable 02/02/2004 - 2,000; Options Exercisable 02/02/2005 - 2,000. Options Vesting Schedule: Options Exercisable 02/01/2003 - 2,500; Options Exercisable 02/01/2004 - 2,500; Options Exercisable 02/01/2005 - 2,500; Options Exercisable 02/01/2006 - 2,500. Options Vesting Schedule: Options Exercisable 02/07/2004 - 5,000; Options Exercisable 02/07/2005 - 5,000; Options Exercisable 02/07/2006 - 5,000; Options Exercisable 02/07/2007 - 5,000. Options Vesting Schedule: Options exercisable 02/06/2005 - 4,000; Options Exercisable 02/06/2006 - 4,000; Options Exercisable 02/06/2007 - 4,000; Options Exercisable 02/06/2008 - 4,000. Options Vesting Schedule: Options exercisable 02/04/2006 - 4,500; Options exercisable 02/04/2007 - 4,500;Options exercisable 02/04/2008 - 4,500;Options exercisable 02/04/2009 - 4,500. Options 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. Options Vesting Schedule for Options Granted 02/02/2007: 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 Stock Units settled for cash. As disclosed in Form 8-K dated August 9, 2007, restricted stock units ("RSUs") and performance stock units awarded in 2006 and 2007 were cancelled August 9 and new RSUs were issued with 1% ROI performance criteria to reflect the Company?s Transformation Plan. 7,000 Restricted Stock Units granted on February 2, 2007 and 13,000 Performance Stock Units granted on February 2, 2007 (not considered derivative securities) were cancelled for a total of 20,000 cancelled units (7,000 + 13,000 = 20,000). 20,000 new Restricted Stock Units were issued on August 9, 2007 and will vest on February 2, 2010. Restricted Stock Units will be settled for cash based on the fair market value on the vesting date subject to a 1% ROI performance criteria. Granted 02/01/2008 Option Vesting Schedule: Options exercisable 02/01/2009, 22859; Options exercisable 02/01/2010, 22860; Options exercisable 02/01/2011, 22860; Options exercisable 02/01/2012, 22860. Restricted Stock Units granted on February 1, 2008 will vest effective February 1, 2010 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. Options Vesting Schedule for Options Granted 02/06/2009. Options Exerciserable 02/06/2010 - 24768; Options Exerciserable 02/06/2011 - 24769; Options Exerciserable 02/06/2012 - 24768; and Options Exerciserable 02/06/2013 - 24769. Corrected to reflect actual grant on February 6, 2009. Performance Stock Units granted on February 6, 2009 will vest effective February 6, 2012 if 1% ROI performance criteria is met, or Company is above the 4th Quartile ROI ranking compared to its peer group. Performance Stock Units will be settled for cash based on the fair market value on the vesting date. Signed by Leslie K. O'Neal on behalf of J. Bradley Johnston 2009-03-11