4 1 d01897ce4.htm FORM 4 Temple-Inland
 

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 4

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935
or Section 30(h) of the Investment Company Act of 1940

o Check this box if no longer
subject to Section 16.
Form 4 or Form 5
obligations may continue.
See Instruction 1(b)
1. Name and Address of Reporting
Person* (Last, First, Middle)		 2. Issuer Name and Ticker or
Trading Symbol		 3. I.R.S. Identification Number of Reporting
Person, if an entity (Voluntary)
  Jastrow, II, Kenneth M.
  Temple-Inland Inc. (TIN)
 
  P.O. Box 40
4. Statement for (Month/Day/Year) 5. If Amendment, Date of Original (Month/Day/Year)
    12/27/02
 
  (Street) 6. Relationship of Reporting Person(s) to Issuer (Check All Applicable) 7. Individual or Joint/Group Filing
(Check Applicable Line)
  Austin, TX 78767x
(City)                (State)           (Zip)		   x  Director o  10% Owner   x Form filed by One Reporting Person
    x  Officer (give title below)   o Form filed by More than One Reporting Person
    o  Other (specify below)  
        Chairman and Chief Executive Officer
     
Reminder:   Report on a separate line for each class of securities beneficially owned directly or indirectly.
 
*   If the form is filed by more than one reporting person, see instruction 4(b)(v).
 

 

 
Table I — Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security
(Instr. 3)		 2. Transaction Date
(Month/Day/Year)		 2a. Deemed Execution
Date, if any.
(Month/Day/Year)		 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A)
or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities
Beneficially Owned
Following Reported
Transactions(s)
(Instr. 3 and 4)		 6. Ownership
Form:
Direct (D) or
Indirect (I)
(Instr. 4)		 7. Nature of
Indirect
Beneficial
Ownership
(Instr. 4)
              Code V   Amount (A)
or
(D)		 Price            
  Common Stock             51,174     D  
  Common Stock               3,180     I   (I)
  Preferred Stock Purchase Rights   (2)   (2)   (2) (2)   (2)   (2)     (2)     (2)   (2)
                     
                     
                     
                     

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Table II — Derivative Securities Acquired, Disposed of, or Beneficially Owned
  (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative
Security
(Instr. 3)		 2. Conversion or Exercise
Price of Derivative
Security		 3. Transaction
Date
(Month/Day/Year)		 3a. Deemed Execution
Date, if any
(Month/Day/Year)		 4. Transaction
Code
(Instr. 8)		 5. Number of Derivative Securities
Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
                      Code V   (A) (D)
  Option (Right to Buy)   $42.81          
                   
                   
                   
                   
                   
  Option (right to buy)     $56.06          
               
               
               
               
  Option (right to buy)     $55.50          
               
               
               
               
  Option (right to buy)     $64.94          
               
               
               
               
  Option (right to buy)     $75.28          
               
               
               
               
  Option (right to buy)     $55.28          
               
               
               
               
  Option (right to buy)     $51.30          
               
               
               
               
  Option (right to buy)     $55.32          
               
               
               
  Phantom Shares     1-for-1     12/13/2002   12/13/2002   A V   110
      1-for-1     12/27/2002   12/27/2002   A   630
               
               

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Table II — Derivative Securities Acquired, Disposed of, or Beneficially Owned — Continued
(e.g., puts, calls, warrants, options, convertible securities)
6. Date Exercisable and
Expiration Date
(Month/Day/Year)		 7. Title and Amount
of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative
Security
(Instr. 5)		 9. Number of Derivative
Securities Beneficially Owned
Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of
Derivative Security:
Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of
Indirect
Beneficial
Ownership
(Instr. 4)
  Date
Exercisable		 Expiration
Date		   Title Amount or
Number of
Shares		                        
  02/02/1998 02/02/2006   Common Stock 1,395              
  02/02/1999 02/02/2006   Common Stock 1,395              
  02/02/2000 02/02/2006   Common Stock 1,395              
  02/02/2001 02/02/2006   Common Stock 1,395              
  02/02/2002 02/02/2006   Common Stock 3,720         9,300     D  
  02/07/1999 02/07/2007   Common Stock 1,872                
  02/07/2000 02/07/2007   Common Stock 1,872                
  02/07/2001 02/07/2007   Common Stock 1,872                
  02/07/2002 02/07/2007   Common Stock 1,872                
  02/07/2003 02/07/2007   Common Stock 4,992           12,480     D  
  02/06/2000 02/06/2008   Common Stock 2,100                
  02/06/2001 02/06/2008   Common Stock 2,100                
  02/06/2002 02/06/2008   Common Stock 2,100                
  02/06/2003 02/06/2008   Common Stock 2,100                
  02/06/2004 02/06/2008   Common Stock 5,600           14,000     D  
  05/01/2000 05/01/2008   Common Stock 7,500                
  05/01/2001 05/01/2008   Common Stock 7,500                
  05/01/2002 05/01/2008   Common Stock 7,500                
  05/01/2003 05/01/2008   Common Stock 7,500                
  05/01/2004 05/01/2008   Common Stock 7,344           37,344     D  
  05/07/2001 05/07/2009   Common Stock 7,200                
  05/07/2002 05/07/2009   Common Stock 7,200                
  05/07/2003 05/07/2009   Common Stock 7,200                
  05/07/2004 05/07/2009   Common Stock 7,200                
  05/07/2005 05/07/2009   Common Stock 19,200           48,000     D  
  02/04/2002 02/04/2010   Common Stock 15,000                
  02/04/2003 02/04/2010   Common Stock 15,000                
  02/04/2004 02/04/2010   Common Stock 15,000                
  02/04/2005 02/04/2010   Common Stock 15,000                
  02/04/2006 02/04/2010   Common Stock 40,000           100,000     D  
  02/20/2002 02/02/2011   Common Stock 25,000                
  02/02/2003 02/02/2011   Common Stock 25,000                
  02/02/2004 02/02/2011   Common Stock 25,000                
  02/02/2005 02/02/2011   Common Stock 25,000           100,000     D  
  02/01/2003 02/01/2012   Common Stock 12,500                
  02/01/2004 02/01/2012   Common Stock 12,500                
  02/01/2005 02/01/2012   Common Stock 12,500                
  02/01/2006 02/01/2012   Common Stock 12,500           50,000     D  
  (3) (3)   Common Stock           (3)     D  
  (3) (3)   Common Stock 16,046           16,046(3)     D  
                   

Explanation of Responses:

(1) 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 dated November 30, 2002. (Note: Trustee uses unit accounting; therefore, share equivalents may fluctuate slightly from month to month.)

(2) In accordance with the Shareholder Rights Plan adopted by the Company on February 3, 1999, Preferred Stock Purchase Rights are deemed to be attached to the shares of Common Stock.

(3) Phantom shares accrued under the Temple-Inland Inc. Stock Deferral and Payment Plan, which includes a dividend reinvestment feature, to be settled upon Reporting Person's retirement. Shares accrued from rollover of a portion of Reporting Person's salary to comply with $1 Million Cap regulations. Shares accrued through dividends paid on December 13, 2002.

Leslie K. O'Neal on behalf of Kenneth Jastrow, II   12/30/2002
**Signature of Reporting Person		  
Date

**   Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
 
Note:   File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
 

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