-----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, M4/oSi8BjJN91ZSUp6Wc4JYiIQiMKTJrvsv/HfCqXcyChhyZG5VtNQJZwWxAETjh wDTqwJ3N33kmXgjG+yZkzQ== 0001209191-08-007801.txt : 20080205 0001209191-08-007801.hdr.sgml : 20080205 20080205163333 ACCESSION NUMBER: 0001209191-08-007801 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080201 FILED AS OF DATE: 20080205 DATE AS OF CHANGE: 20080205 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SWEENY JACK C CENTRAL INDEX KEY: 0001185928 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08634 FILM NUMBER: 08577196 BUSINESS ADDRESS: STREET 1: 303 SOUTH TEMPLE DRIVE CITY: DIBOLL STATE: TX ZIP: 75941 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 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 doc4.xml FORM 4 SUBMISSION X0202 4 2008-02-01 0 0000731939 TEMPLE INLAND INC TIN 0001185928 SWEENY JACK C 1300 SOUTH MOPAC AUSTIN TX 78746 0 1 0 0 Group VP, Forest Products Common Stock 2008-02-01 2008-02-01 4 F 0 794 19.50 D 10812 I By Trustee of 401(k) Plan Common Stock 2008-02-04 2008-02-04 4 F 0 2645 18.70 D 8167 D Common Stock 77866 D Option (right to buy) 9.37 2002-02-02 2011-02-02 Common Stock 30000 30000 D Option (right to buy) 10.56 2003-02-01 2012-02-01 Common Stock 40000 40000 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 18000 18000 D Option (right to buy) 16.14 2006-02-04 2015-02-04 Common Stock 24000 24000 D Option (right to buy) 21.55 2007-02-03 2016-02-03 Common Stock 24600 24600 D Option (right to buy) 24.34 2008-02-02 2017-02-02 Common Stock 24600 24600 D Restricted Stock Units Common Stock 23000 23000 D Restricted Stock Units Common Stock 24500 24500 D Option (right to buy) 19.50 2008-02-01 2008-02-01 4 A 0 116135 0.00 A 2009-02-01 2018-02-01 Common Stock 116135 116135 D Restricted Stock Units 2008-02-01 2008-02-01 4 A 0 36506 0.00 A Common Stock 36506 36506 D 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.) 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. 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 - 7,500; Options Exercisable 02/02/2003 - 7,500; Options Exercisable 02/02/2004 - 7,500; Options Exercisable 02/02/2005 - 7,500. Options Vesting Schedule: Options Exercisable 02/01/2003 - 10,000; Options Exercisable 02/01/2004 - 10,000; Options Exercisable 02/01/2005 - 10,000; Options Exercisable 02/01/2006 - 10,000. Restricted Stock Units granted on February 1, 2008 will vest effective February 1, 2010 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: 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 - 4,500; Options Exercisable 02/06/2006 - 4,500; Options Exercisable 02/06/2007 - 4,500; Options Exercisable 02/06/2008 - 4,500. Option Vesting Schedule: Options exercisable 02/04/2006 - 6,000; Options exercisable 02/04/2007 - 6,000; Options exercisable 02/04/2008 - 6,000; Options exercisable 02/04/2009 - 6,000. Options Vesting Schedule for Options Granted 02/03/2006: Options Exerciserable 02/03/2007 - 6,150; Options Exerciserable 02/03/2008 - 6,150; Options Exerciserable 02/03/2009 - 6,150; and Options Exerciserable 02/03/2010 - 6,150. Options Vesting Schedule for Options Granted 02/02/2007: Options Exerciserable 02/02/2008 - 6,150; Options Exerciserable 02/02/2009 - 6,150; Options Exerciserable 02/02/2010 - 6,150; and Options Exerciserable 02/02/2011 - 6,150. 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. 10,500 Restricted Stock Units granted on February 3, 2006 and 12,500 Performance Stock Units granted on February 3, 2006 (not considered derivative securities) were cancelled for a total of 23,000 cancelled units (10,500 + 12,500 = 23,000). 23,000 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. 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. 9,000 Restricted Stock Units granted on February 2, 2007 and 15,500 Performance Stock Units granted on February 2, 2007 (not considered derivative securities) were cancelled for a total of 24,500 cancelled units (9,000 + 15,500 = 24,500). 24,500 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. Granted 02/01/2008 Option Vesting Schedule: Options exercisable 02/01/2009, 29034; Options exercisable 02/01/2010, 29034; Options exercisable 02/01/2011, 29034; Options exercisable 02/01/2012, 29033. Leslie K. O'Neal Signed on Behalf of Jack C. Sweeny 2008-02-05 -----END PRIVACY-ENHANCED MESSAGE-----