-----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, N0VSQeHRpSHwjuf7jYtLI31+w8AGMCPvPkuXOLWOcMDKT5uCG3J/PyO2gotQag5O rF97GE/kliqV4liIKOEkXw== 0001209191-09-038009.txt : 20090729 0001209191-09-038009.hdr.sgml : 20090729 20090729135756 ACCESSION NUMBER: 0001209191-09-038009 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090727 FILED AS OF DATE: 20090729 DATE AS OF CHANGE: 20090729 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: O NEAL LESLIE K CENTRAL INDEX KEY: 0001185917 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08634 FILM NUMBER: 09969698 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 X0303 4 2009-07-27 0 0000731939 TEMPLE INLAND INC TIN 0001185917 O NEAL LESLIE K 1300 SOUTH MOPAC THIRD FLOOR AUSTIN TX 78746 0 1 0 0 VP, Secretary, & AsstGenCnsl Common Stock 2009-07-27 2009-07-27 4 M 0 19000 10.56 A 45810 D Common Stock 2009-07-27 2009-07-27 4 M 0 12000 6.92 A 57810 D Common Stock 2009-07-27 2009-07-27 4 M 0 6000 11.96 A 63810 D Common Stock 2009-07-27 2009-07-27 4 F 0 26396 15.74 D 37414 D Common Stock 6863 I By Trustee of 401(k) Plan Common Stock 5058 I By Trustee of 401(k) Plan Option (right to buy) 10.56 2009-07-27 2009-07-27 4 M 0 19000 0.00 D 2003-02-01 2012-02-01 Common Stock 19000 0 D Option (right to buy) 6.92 2009-07-27 2009-07-27 4 M 0 12000 0.00 D 2004-02-07 2013-02-04 Common Stock 12000 0 D Option (right to buy) 11.96 2009-07-27 2009-07-27 4 M 0 6000 0.00 D 2005-02-06 2014-02-06 Common Stock 6000 0 D Option (right to buy) 16.14 2006-02-04 2015-02-04 Common Stock 6000 6000 D Option (right to buy) 21.55 2007-02-03 2016-02-03 Common Stock 6150 6150 D Option (right to buy) 24.34 2008-02-02 2017-02-02 Common Stock 10000 10000 D Restricted Stock Units Common Stock 13000 13000 D Option (Right to buy) 19.50 2009-02-01 2018-02-01 Common Stock 54170 54170 D Restricted Stock Unit Common Stock 18909 18909 D Option (Right to buy) 5.64 2010-02-06 2019-02-06 Common Stock 60608 60608 D Performance Stock Units Common Stock 63233 63233 D 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 02/04/2006 - 1,500; Options Exercisable 02/04/2007 - 1,500; Options Exercisable 02/04/2008 - 1,500; Options Exercisable 02/04/2009 - 1,500. Options Vesting Schedule for Options Granted 02/03/2006: Options Exerciserable 02/03/2007 - 1,537; Options Exerciserable 02/03/2008 - 1,537; Options Exerciserable 02/03/2009 - 1,537; and Options Exerciserable 02/03/2010 - 1,539. Options Vesting Schedule for Options Granted 02/02/2007: Options Exerciserable 02/02/2008 - 2,500; Options Exerciserable 02/02/2009 - 2,500; Options Exerciserable 02/02/2010 - 2,500; and Options Exerciserable 02/02/2011 - 2,500. 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. 4,500 Restricted Stock Units granted on February 2, 2007 and 8,500 Performance Stock Units granted on February 2, 2007 (not considered derivative securities) were cancelled for a total of 13,000 cancelled units (4,500 + 8,500 = 13,000). 13,000 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, 13542; Options exercisable 02/01/2010, 13543; Options exercisable 02/01/2011, 13542; Options exercisable 02/01/2012, 13543. 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 for Options Granted 02/06/2009. Options Exerciserable 02/06/2010 - 15,152; Options Exerciserable 02/06/2011 - 15,152; Options Exerciserable 02/06/2012 - 15,152; and Options Exerciserable 02/06/2013 - 15,152. Performance Stock Units granted on February 6, 2009 will vest effective February 6, 2012 if 1% ROI performance criteria is met. Performance Stock Units will be settled for cash based on the fair market value on the vesting date. Signed by Leslie K. O'Neal 2009-07-28 -----END PRIVACY-ENHANCED MESSAGE-----