X0303
4
2010-11-09
0
0000731939
TEMPLE INLAND INC
TIN
0001185953
SMITH SCOTT H
1300 SOUTH MOPAC
AUSTIN
TX
78746
0
1
0
0
Chief Information Officer
Common Stock
2010-11-09
2010-11-09
4
M
0
7500
9.37
A
66464
D
Common Stock
2010-11-09
2010-11-09
4
S
0
7500
21.00
D
58964
D
Common Stock
4696
I
By Trustee of 401(k) Plan
Option (right to buy)
9.37
2010-11-09
2010-11-09
4
M
0
7500
0.00
D
2002-02-02
2011-02-02
Common Stock
7500
0
D
Option (right to buy)
10.56
2003-02-01
2012-02-01
Common Stock
30000
30000
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
16000
16000
D
Option (right to buy)
21.55
2007-02-03
2016-02-03
Common Stock
16400
16400
D
Option (right to buy)
24.34
2008-02-02
2017-02-02
Common Stock
16400
16400
D
Option (Right to buy)
19.50
2009-02-01
2018-02-01
Common Stock
76306
76306
D
Restricted Stock Units
Common Stock
21482
21482
D
Options (right to buy)
5.64
2010-02-06
2019-02-06
Common Stock
79190
79190
D
Performance Stock Units
2010-02-06
2019-02-06
Common Stock
82619
82619
D
Options (right to buy)
16.71
2011-02-05
2020-02-05
Common Stock
26185
26185
D
Performance Stock Units
Common Stock
18323
18323
D
The price in Column 4 is a weighted average price. The prices actually paid ranged from $20.97 to $21.03. The reporting person will provide any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range.
Includes 20,280 Restricted Stock Units granted to Reporting Person on February 5, 2010. These RSUs will vest effective February 5, 2013 if 1% ROI or ROI in top three quartiles of peer group performance criteria is met, and will be settled for stock on the vesting date.
Reporting Person holds shares under a 401(k) plan, and figures are according to the latest report of the Plan Administrator. (Note: Plan Administrator uses unit accounting; therefore, share equivalents may fluctuate slightly.)
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.
Options Vesting Schedule: Options Exercisable 02/02/2005 - 7,500.
Options Vesting Schedule: Options Exercisable 02/01/2003 - 7,500; Options Exercisable 02/01/2004 - 7,500; Options Exercisable 02/01/2005 - 7,500; Options Exercisable 02/01/2006 - 7,500.
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.
Option Vesting Schedule: Options exercisable 02/04/2006 - 4,000; Options exercisable 02/04/2007 - 4,000; Options exercisable 02/04/2008 - 4,000; Options exercisable 02/04/2009 - 4,000.
Options Vesting Schedule for Options Granted 02/03/2006: Options Exerciserable 02/03/2007 - 4,100; Options Exerciserable 02/03/2008 - 4,100; Options Exerciserable 02/03/2009 - 4,100; and Options Exerciserable 02/03/2010 - 4,100.
Options Vesting Schedule for Options Granted 02/02/2007. Options Exerciserable 02/02/2008 - 4,100; Options Exerciserable 02/02/2009 - 4,100; Options Exerciserable 02/02/2010 - 4,100; and Options Exerciserable 02/02/2011 - 4,100.
Granted 02/01/2008 Option Vesting Schedule: Options exercisable 02/01/2009, 19076; Options exercisable 02/01/2010,19077; Options exercisable 02/01/2011, 19076; Options exercisable 02/01/2012, 19077.
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 - 19,797; Options Exerciserable 02/06/2011 - 19,798; Options Exerciserable 02/06/2012 - 19,797; and Options Exerciserable 02/06/2013 - 19,798.
Performance Stock Units granted on February 6, 2009 will vest on or after February 6, 2012 at 100% 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. PSUs 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 - 6546; Options Exercisable 02/05/2012 - 6546; Options Exercisable 02/05/2013 - 6546; and Options Exercisable 02/06/2014 - 6546.
Performance Stock Units granted on February 5, 2010 will vest on or after February 5, 2013 at 100% 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. PSUs will be settled for cash based on the fair market value on the vesting date.
Leslie K. O'Neal signed on behalf of Scott Smith
2010-11-11