X0303 4 2010-11-10 0 0000731939 TEMPLE INLAND INC TIN 0001185922 SIMONS DOYLE R 1300 SOUTH MOPAC THIRD FLOOR AUSTIN TX 78746 1 1 0 0 Chairman and CEO Common Stock 2010-11-10 2010-11-10 4 M 0 20000 9.37 A 203806 D Common Stock 6462 I By Trustee 401(k) plan Option (right to buy) 9.37 2010-11-10 2010-11-10 4 M 0 20000 0.00 D 2002-02-02 2011-02-02 Common Stock 20000 0 D Option (right to buy) 10.56 2003-02-01 2012-02-01 Common Stock 20000 20000 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 32000 32000 D Option (right to buy) 21.55 2007-02-03 2016-02-03 Common Stock 32800 32800 D Option (right to buy) 24.34 2008-02-02 2017-02-02 Common Stock 32800 32800 D Options (right to buy) 19.50 2009-02-01 2018-02-01 Common Stock 265306 265306 D Restricted Stock Units Common Stock 73471 73471 D Options (right to buy) 5.64 2010-02-06 2019-02-06 Common Stock 273951 273951 D Performance Stock Units Common Stock 285816 285816 D Options (right to buy) 16.71 2011-02-05 2020-02-05 Common Stock 113233 113233 D Performance Stock Units Common Stock 79232 79232 D Includes 87,695 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 02/02/2002 - 5,000; Options Exercisable 02/02/2003 - 5,000; Options Exercisable 02/02/2004 - 5,000; Options Exercisable 02/02/2005 - 5,000. Options Vesting Schedule: Options Exercisable 02/01/2003 - 5,000; Options Exercisable 02/01/2004 - 5,000; Options Exercisable 02/01/2005 - 5,000; Options Exercisable 02/01/2006 - 5,000. 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 - 8,000; Options exercisable 02/04/2007 - 8,000; Options exercisable 02/04/2008 - 8,000; Options exercisable 02/04/2009 - 8,000. Options Vesting Schedule for Options Granted 02/03/2006: Options Exerciserable 02/03/2007 - 8,200; Options Exerciserable 02/03/2008 - 8,200; Options Exerciserable 02/03/2009 - 8,200; and Options Exerciserable 02/03/2010 - 8,200. Options Vesting Schedule for Options Granted 02/02/2007: Options Exerciserable 02/02/2008 - 8,200; Options Exerciserable 02/02/2009 - 8,200; Options Exerciserable 02/02/2010 - 8,200; and Options Exerciserable 02/02/2011 - 8,200. Granted 02/01/2008 Option Vesting Schedule: Options exercisable 02/01/2009, 66326; Options exercisable 02/01/2010, 66327; Options exercisable 02/01/2011, 66326; Options exercisable 02/01/2012, 66327. 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 - 68487; Options Exerciserable 02/06/2011 - 68488; Options Exerciserable 02/06/2012 - 68488; and Options Exerciserable 02/06/2013 - 68488. 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 - 28308; Options Exercisable 02/05/2012 - 28308; Options Exercisable 02/05/2013 - 28308; and Options Exercisable 02/06/2014 - 28309. 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 Doyle R. Simons 2010-11-11