-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, LVdOjKMkaaOQgI5ORTB3rx7NHvc8QhZwAbQUYgj0O/FL5Zt1TTWag2zfV2pg/hxC Tfx34CO9hdR7qUaX/yk1DQ== 0001127602-11-006109.txt : 20110217 0001127602-11-006109.hdr.sgml : 20110217 20110217154322 ACCESSION NUMBER: 0001127602-11-006109 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110215 FILED AS OF DATE: 20110217 DATE AS OF CHANGE: 20110217 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Vesci Dennis J CENTRAL INDEX KEY: 0001335843 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08634 FILM NUMBER: 11620856 MAIL ADDRESS: STREET 1: 1300 SOUTH MOPAC CITY: AUSTIN STATE: TX ZIP: 78746 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TEMPLE INLAND INC CENTRAL INDEX KEY: 0000731939 STANDARD INDUSTRIAL CLASSIFICATION: PAPERBOARD MILLS [2631] IRS NUMBER: 751903917 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1300 MOPAC EXPRESSWAY SOUTH STREET 2: 3RD FLOOR CITY: AUSTIN STATE: TX ZIP: 78746 BUSINESS PHONE: 5124345800 MAIL ADDRESS: STREET 1: 1300 MOPAC EXPRESSWAY SOUTH STREET 2: 3RD FLOOR CITY: AUSTIN STATE: TX ZIP: 78746 4 1 form4.xml PRIMARY DOCUMENT X0303 4 2011-02-15 0000731939 TEMPLE INLAND INC TIN 0001335843 Vesci Dennis J 1300 SOUTH MOPAC THIRD FLOOR AUSTIN TX 78746 1 Group VP-Corrugated Packaging Common Stock 2011-02-15 2011-02-15 4 M 0 1615 25.26 A 76828 D Common Stock 2011-02-15 2011-02-15 4 F 0 426 25.26 D 76402 D Common Stock 2011-02-15 2011-02-15 4 D 0 398 25.26 D 76004 D Restricted Stock Units (deferred) 2011-02-15 2011-02-15 4 M 0 1615 0 D Common Stock 1615 10426 D Performance Stock Units Common Stock 28653 28653 D Performance Stock Units Common Stock 103365 103365 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 18450 18450 D Options (Right to Buy) 24.34 2008-02-02 2017-02-02 Common Stock 18450 18450 D Options (Right to Buy) 19.50 2009-02-01 2018-02-01 Common Stock 91439 91439 D Options (Right to Buy) 5.64 2010-02-06 2019-02-06 Common Stock 99074 99074 D Options (Right to Buy) 16.71 2011-02-05 2020-02-05 Common Stock 40949 40949 D Options (Right to Buy) 24.40 2012-02-04 2021-02-04 Common Stock 27695 27695 D Includes 20,394 Restricted Stock Units granted to Reporting Person on February 4, 2011. These RSUs will vest effective February 4,2014 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. Includes 31714 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. Restricted stock units deferred under a terminated Company bonus deferral plan, and are payable in either cash or stock, as determined by the plan in effect at the time of election. Each Restricted Stock Unit (Deferred) is equivalent to one share of Temple-Inland common stock. On February 15, 2011, 398 deferred RSUs were settled for cash and 1,217 were settled for stock. 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. 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: Options Exercisable 02/04/2006 - 1,250, Options Exercisable 02/04/2007 - 1,250, Options Exercisable 02/04/2008 - 1,250, and Options Exercisable 02/04/2009 - 1,250. 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 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 - 4,612. 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. Options Vesting Schedule for Options Granted 02/06/2009. Options Exerciserable 02/06/2010 - 24,768; Options Exerciserable 02/06/2011 - 24,769; Options Exerciserable 02/06/2012 - 24,768; and Options Exerciserable 02/06/2013 - 24,769. Options Vesting Schedule for Options Granted 02/05/2010. Options Exercisable 02/05/2011 - 10237; Options Exercisable 02/05/2012 - 10237; Options Exercisable 02/05/2013 - 10237; and Options Exercisable 02/06/2014 - 10238. Options granted 02/04/11 vest as follows: 6923 on 02/04/12, 6924 on 02/04/13, 6924 on 02/04/14 and 6924 on 02/04/15. /s/ Leslie K. O'Neal on Behalf of Reporting Person 2011-02-17 -----END PRIVACY-ENHANCED MESSAGE-----