-----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, HnVhARBNfcQNBAs2nl8ewysZ6CGyfn5E36HRrMxVRtP5NU9pLR+Qr4zkcrV/wseS QLjvcJfHe/zua7rjODiaJg== 0001209191-09-055643.txt : 20091207 0001209191-09-055643.hdr.sgml : 20091207 20091207105403 ACCESSION NUMBER: 0001209191-09-055643 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20091204 FILED AS OF DATE: 20091207 DATE AS OF CHANGE: 20091207 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LEVY RANDALL D CENTRAL INDEX KEY: 0001185912 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08634 FILM NUMBER: 091225253 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 2009-12-04 0 0000731939 TEMPLE INLAND INC TIN 0001185912 LEVY RANDALL D 1300 SOUTH MOPAC THIRD FLOOR AUSTIN TX 78746 0 1 0 0 Chief Financial Officer Common Stock 2009-12-04 2009-12-04 4 M 0 36000 10.55 A 108556 D Common Stock 2009-12-04 2009-12-04 4 F 0 18535 20.49 D 90021 D Common Stock 2009-12-04 2009-12-04 4 F 0 4620 20.49 D 85401 D Common Stock 3679 I By Trustee of 401(k) Plan. Option (Right to buy) 10.55 2009-12-04 2009-12-04 4 M 0 36000 0.00 D 2002-02-04 2010-02-04 Common Stock 36000 0 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 30000 30000 D Option (Right to buy) 11.96 2005-02-06 2014-02-06 Common Stock 24000 24000 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 24500 24500 D Option (Right to buy) 19.50 2009-02-01 2018-02-01 Common Stock 116135 116135 D Restricted Stock Units Common Stock 36506 36506 D Options (right to buy) 5.64 2010-02-06 2019-02-06 Common Stock 125123 125123 D Performance Stock Units Common Stock 130542 130542 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 02/04/2002 - 5,400; Options Exercisable 02/04/2003 - 5,400; Options Exercisable 02/04/2004 - 5,400; Options Exercisable 02/04/2005 - 5,400; Options Exercisable 02/04/2006 - 14,400. Options Vesting Schedule: Options Exercisable 02/02/2002 - 10,000; Options Exercisable 02/02/2003 - 10,000; Options Exercisable 02/02/2004 - 10,000; Options Exercisable 02/02/2005 - 10,000. 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. Options Vesting Schedule: Options Exercisable 02/07/2004 - 7,500; Options Exercisable 02/07/2005 - 7,500; Options Exercisable 02/07/2006 - 7,500; Options Exercisable 02/07/2007 - 7,500. Options Vesting Schedule: Options exercisable 02/06/2005 - 6,000; Options Exercisable 02/06/2006 - 6,000; Options Exercisable 02/06/2007 - 6,000; Options Exercisable 02/06/2008 - 6,000. 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. 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, 29033; Options exercisable 02/01/2010, 29034; Options exercisable 02/01/2011, 29034; Options exercisable 02/01/2012, 29034. 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 - 31280; Options Exerciserable 02/06/2011 - 31281; Options Exerciserable 02/06/2012 - 31281; and Options Exerciserable 02/06/2013 - 31281. 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. Signed by Leslie K. O'Neal on behalf of Randall D. Levy 2009-12-07 -----END PRIVACY-ENHANCED MESSAGE-----