-----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, CsEQpXPKiChIyEy1mAi48+roFBhbGQAbCeFW0jXnrYR7SjobSddDVqSQD2MGKveE 2/IV0oqUEtElJ9K7xlLycA== 0001209191-09-055315.txt : 20091203 0001209191-09-055315.hdr.sgml : 20091203 20091203145222 ACCESSION NUMBER: 0001209191-09-055315 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20091202 FILED AS OF DATE: 20091203 DATE AS OF CHANGE: 20091203 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SMITH SCOTT H CENTRAL INDEX KEY: 0001185953 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08634 FILM NUMBER: 091219944 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: 0102 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 2009-12-02 0 0000731939 TEMPLE INLAND INC TIN 0001185953 SMITH SCOTT H 1300 SOUTH MOPAC AUSTIN TX 78746 0 1 0 0 Chief Information Officer Common Stock 2009-12-02 2009-12-02 4 M 0 10000 10.55 A 48684 D Common Stock 2009-12-02 2009-12-02 4 S 0 10000 19.46 D 38684 D Common Stock 4753 I By Trustee of 401(k) Plan Option (right to buy) 10.55 2009-12-02 2009-12-02 4 M 0 10000 0.00 D 2001-02-04 2010-02-04 Common Stock 10000 0 D Option (right to buy) 9.37 2002-02-02 2011-02-02 Common Stock 7500 7500 D Option (right to buy) 10.56 2003-02-01 2012-02-01 Common Stock 30000 30000 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 16000 16000 D Option (right to buy) 16.14 2006-02-04 2015-02-04 Common Stock 16000 16000 D Option (right to buy) 21.55 2007-02-03 2016-02-03 Common Stock 16400 16400 D Option (right to buy) 24.34 2008-02-02 2017-02-02 Common Stock 16400 16400 D Restricted Stock Units Common Stock 15000 15000 D Option (Right to buy) 19.50 2009-02-01 2018-02-01 Common Stock 76306 76306 D Restricted Stock Units Common Stock 21482 21482 D Options (right to buy) 5.64 2010-02-06 2019-02-06 Common Stock 79190 79190 D Performance Stock Units 2010-02-06 2019-02-06 Common Stock 82619 82619 D The price in Column 4 is a weighted average price. The prices actually paid differed by less than 1 cent. The reporting person will provide any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range. 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 02/04/2001 - 2,000; Options Exercisable 02/04/2002 - 2,000; Options Exercisable 02/04/2003 - 2,000; Options Exercisable 02/04/2004 - 2,000; Options Exercisable 02/04/2005 - 2,000. Options Vesting Schedule: Options Exercisable 02/02/2005 - 7,500. Options Vesting Schedule: Options Exercisable 02/01/2003 - 7,500; Options Exercisable 02/01/2004 - 7,500; Options Exercisable 02/01/2005 - 7,500; Options Exercisable 02/01/2006 - 7,500. 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 - 4,000; Options Exercisable 02/06/2006 - 4,000; Options Exercisable 02/06/2007 - 4,000; Options Exercisable 02/06/2008 - 4,000. Option Vesting Schedule: Options exercisable 02/04/2006 - 4,000; Options exercisable 02/04/2007 - 4,000; Options exercisable 02/04/2008 - 4,000; Options exercisable 02/04/2009 - 4,000. Options Vesting Schedule for Options Granted 02/03/2006: Options Exerciserable 02/03/2007 - 4,100; Options Exerciserable 02/03/2008 - 4,100; Options Exerciserable 02/03/2009 - 4,100; and Options Exerciserable 02/03/2010 - 4,100. Options Vesting Schedule for Options Granted 02/02/2007. Options Exerciserable 02/02/2008 - 4,100; Options Exerciserable 02/02/2009 - 4,100; Options Exerciserable 02/02/2010 - 4,100; and Options Exerciserable 02/02/2011 - 4,100. 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. 5,000 Restricted Stock Units granted on February 2, 2007 and 10,000 Performance Stock Units granted on February 2, 2007 (not considered derivative securities) were cancelled for a total of 15,000 cancelled units (5,000 + 10,000 = 15,000). 15,000 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, 19076; Options exercisable 02/01/2010,19077; Options exercisable 02/01/2011, 19076; Options exercisable 02/01/2012, 19077. 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 - 19,797; Options Exerciserable 02/06/2011 - 19,798; Options Exerciserable 02/06/2012 - 19,797; and Options Exerciserable 02/06/2013 - 19,798. Performance Stock Units granted on February 6, 2009 will vest effective February 6, 2012 if 1% ROI performance criteria is met, or Company is above the 4th Quartile ROI ranking compared to its peer group. Performance Stock Units will be settled for cash based on the fair market value on the vesting date. Leslie K. O'Neal signed on behalf of Scott Smith 2009-12-03 -----END PRIVACY-ENHANCED MESSAGE-----