X0303 4 2010-02-12 0 0000731939 TEMPLE INLAND INC TIN 0001428071 Adamson Grant F. 1300 SOUTH MOPAC THIRD FLOOR AUSTIN TX 78746 0 1 0 0 Chief Governance Officer Common Stock 2010-02-12 2010-02-12 4 M 0 6000 6.92 A 24582 D Options (right to buy) 9.37 2002-02-02 2011-02-02 Common Stock 6000 6000 D Options (right to buy) 10.56 2003-02-01 2012-02-01 Common Stock 6000 6000 D Options (right to buy) 6.92 2010-02-12 2010-02-12 4 M 0 6000 0.00 D 2004-02-07 2013-02-07 Common Stock 6000 0 D Options (right to buy) 11.96 2005-02-06 2014-02-06 Common Stock 3750 3750 D Options (right to buy) 16.14 2006-02-04 2015-02-04 Common Stock 5000 5000 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 Restricted Stock Units Common Stock 12051 12051 D Options (right to buy) 5.64 2010-02-06 2019-02-06 Common Stock 36990 36990 D Performance Stock Units Common Stock 38592 38592 D Options (right to buy) 16.71 2011-02-05 2020-02-05 Common Stock 12231 12231 D Performance Stock Units Common Stock 8559 8559 D Reporting person acquired additional shares through on-going dividend reinvestment 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: Options exercisable 02/02/2002, 1500; Options exercisable 02/02/2003, 1500; Options exercisable 02/02/2004, 1500; and Options exercisable 02/02/2005, 1500. Option vesting schedule for options granted 02/01/02: 1500 on 02/01/03; 1500 on 02/01/04, 1500 on 02/01/05 and 1500 on 02/01/06. Option vesting schedule for options granted 02/07/03: 1500 on 02/07/04, 1500 on 02/07/05, 1500 on 02/07/06 and 1500 on 02/07/07. 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. Option vesting schedule for options granted 02/04/05: 1250 on 02/04/06, 1250 on 02/04/07, 1250 on 02/04/07 and 1250 on 02/04/09. 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 - 1281. 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 02/01/20112, 8050. 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. Options Vesting Schedule for Options Granted 02/06/2009. Options Exerciserable 02/06/2010 - 9,247; Options Exerciserable 02/06/2011 - 9,248; Options Exerciserable 02/06/2012 - 9,247; and Options Exerciserable 02/06/2013 - 9,248. 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. Options Vesting Schedule for Options Granted 02/05/2010. Options Exercisable 02/05/2011 - 3057; Options Exercisable 02/05/2012 - 3058; Options Exercisable 02/05/2013 - 3058; and Options Exercisable 02/06/2014 - 3058. Performance Stock Units granted on February 5, 2010 will vest 100% effective February 5, 2013 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. Signed by Leslie K. O'Neal on behalf of Grant F. Adamson 2010-02-16