-----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, WR7BLFQymaNGS3c4/2gMLo8iBArDdMSTzzBZbZpIWyqXF+EEysUBxCDlypJ0HK0r 9ZtMxGcE2/nsbApH80mEhQ== 0001209191-07-047479.txt : 20070810 0001209191-07-047479.hdr.sgml : 20070810 20070810164121 ACCESSION NUMBER: 0001209191-07-047479 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070809 FILED AS OF DATE: 20070810 DATE AS OF CHANGE: 20070810 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: 1230 BUSINESS ADDRESS: STREET 1: 1300 MOPAC EXPRESSWAY SOUTH CITY: AUSTIN STATE: TX ZIP: 78746 BUSINESS PHONE: 5124345800 MAIL ADDRESS: STREET 1: 1300 MOPAC EXPRESSWAY SOUTH CITY: AUSTIN STATE: TX ZIP: 78746 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Hester Troy L CENTRAL INDEX KEY: 0001371771 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08634 FILM NUMBER: 071045853 BUSINESS ADDRESS: BUSINESS PHONE: 512-434-2556 MAIL ADDRESS: STREET 1: 1300 SOUTH MOPAC CITY: AUSTIN STATE: TX ZIP: 78746 4 1 doc4.xml FORM 4 SUBMISSION X0202 4 2007-08-09 0 0000731939 TEMPLE INLAND INC TIN 0001371771 Hester Troy L 1300 SOUTH MOPAC AUSTIN TX 78746 0 1 0 0 Corporate Controller Common Stock 4597 D Common Stock 1183 I By Trustee of 401(k) Plan Common Stock 337 I By Trustee of 401(k) Plan Option (right to buy) 27.66 2003-02-01 2012-02-01 Common Stock 6000 6000 D Option (right to buy) 21.51 2004-02-07 2013-02-07 Common Stock 6000 6000 D Option (right to buy) 30.02 2005-02-06 2014-02-06 Common Stock 5000 5000 D Option (right to buy) 37.07 2006-02-04 2015-02-04 Common Stock 5000 5000 D Option (right to buy) 46.20 2007-02-03 2016-02-03 Common Stock 5125 5125 D Restricted Stock Units 2007-08-09 2007-08-09 4 D 0 2100 0.00 D Common Stock 2100 0 D Option (right to buy) 50.90 2008-02-02 2017-02-02 Common Stock 5125 5125 D Restricted Stock Units 2007-08-09 2007-08-09 4 D 0 8500 0.00 D Common Stock 8500 0 D Restricted Stock Units 2007-08-09 2007-08-09 4 A 0 2100 0.00 A Common Stock 2100 2100 D Restricted Stock Units 2007-08-09 2007-08-09 4 A 0 8500 0.00 A Common Stock 8500 8500 D In accordance with the Shareholder Rights Plan adopted by the Company on February 9, 1999, Preferred Stock Purchase Rights are deemed to be attached to the shares of Common Stock. 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. (Note: Trustee uses unit accounting; therefore, share equivalents may fluctuate slightly from month to month.) Options Vesting Schedule: Options Exercisable 1,500 - 02/01/2003; Options Exercisable 1,500 - 02/01/2004; Options Exercisable 1,500 - 02/01/2005; and Options Exercisable 1,500 - 02/01/2006 Options Vesting Schedule: Options Exercisable 1,500 - 02/07/2004; Options Exercisable 1,500 - 02/07/2005; Options Exercisable 1,500 - 02/07/2006; and Options Exercisable 1,500 - 02/07/2007 Options Vesting Schedule: Options Exercisable 1,250 - 02/06/2005; Options Exercisable 1,250 - 02/06/2006; Options Exercisable 1,250 - 02/06/2007; and Options Exercisable 1,250 - 02/06/2008 Options Vesting Schedule: Options Exercisable 1,250 - 02/04/2006; Options Exercisable 1,250 - 02/04/2007; Options Exercisable 1,250 - 02/04/2008; and Options Exercisable 1,250 - 02/04/2009 Options Vesting Schedule: Options Exercisable 1,281 - 02/03/2007; Options Exercisable 1,281 - 02/03/2008; Options Exercisable 1,281 - 02/03/2009; and Options Exercisable 1,282 - 02/03/2010 As disclosed in Form 8-K dated August 9, 2007, restricted stock units ("RSUs") and performance stock units awarded in 2006 and 2007 were cancelled August 9 and new RSUs were issued with 1% ROI performance criteria to reflect the Company?s Transformation Plan. 2,100 Restricted Stock Units granted on February 3, 2006 were cancelled (for a total of 2,100 cancelled units). 2,100 new Restricted Stock Units were issued on August 9, 2007 and will vest on February 3, 2009. Restricted Stock Units will be settled for cash based on the fair market value on the vesting date subject to a 1% ROI performance criteria. Options Vesting Schedule for Options Granted 02/02/2007 at an exercise price of $50.90: Options Exerciserable 02/02/2008 - 1,281; Options Exerciserable 02/02/2009 - 1,281; Options Exerciserable 02/02/2010 - 1,281; and Options Exerciserable 02/02/2011 - 1,282. As disclosed in Form 8-K dated August 9, 2007, restricted stock units ("RSUs") and performance stock units awarded in 2006 and 2007 were cancelled August 9 and new RSUs were issued with 1% ROI performance criteria to reflect the Company?s Transformation Plan. 2,750 Restricted Stock Units granted on February 2, 2007 and 5,750 Performance Stock Units granted on February 2, 2007 (not considered derivative securities) were cancelled for a total of 8,500 cancelled units (2,750 + 5,750 = 8,500). 8,500 new Restricted Stock Units were issued on August 9, 2007 and will vest on February 2, 2010. Restricted Stock Units will be settled for cash based on the fair market value on the vesting date subject to a 1% ROI performance criteria. Signed by Leslie K. O'Neal on behalf of Troy Hester. 2007-08-10 -----END PRIVACY-ENHANCED MESSAGE-----