-----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, RxTEb+zqUUaBBcNA3I2Vp8ukVgYNZluNmcbvL4fZh/Xdao2cNLl/4RiF12wNnr7y +XCue9u5RnOEQm9lnDy6HQ== 0001209191-10-007770.txt : 20100209 0001209191-10-007770.hdr.sgml : 20100209 20100209152445 ACCESSION NUMBER: 0001209191-10-007770 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100205 FILED AS OF DATE: 20100209 DATE AS OF CHANGE: 20100209 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SIMONS DOYLE R CENTRAL INDEX KEY: 0001185922 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08634 FILM NUMBER: 10584142 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 2010-02-05 0 0000731939 TEMPLE INLAND INC TIN 0001185922 SIMONS DOYLE R 1300 SOUTH MOPAC THIRD FLOOR AUSTIN TX 78746 1 1 0 0 Chairman and CEO Common Stock 2010-02-05 2010-02-05 4 A 0 87695 0.00 A 183806 D Common Stock 6694 I By Trustee 401(k) plan Option (right to buy) 9.37 2002-02-02 2011-02-02 Common Stock 20000 20000 D Option (right to buy) 10.56 2003-02-01 2012-02-01 Common Stock 20000 20000 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 32000 32000 D Option (right to buy) 21.55 2007-02-03 2016-02-03 Common Stock 32800 32800 D Option (right to buy) 24.34 2008-02-02 2017-02-02 Common Stock 32800 32800 D Restricted Stock Units 2010-02-05 2010-02-05 4 M 0 35000 0.00 D Common Stock 35000 0 D Restricted Stock Units Common Stock 50000 50000 D Options (right to buy) 19.50 2009-02-01 2018-02-01 Common Stock 265306 265306 D Restricted Stock Units Common Stock 73471 73471 D Options (right to buy) 5.64 2010-02-06 2019-02-06 Common Stock 273951 273951 D Performance Stock Units Common Stock 285816 285816 D Options (right to buy) 16.71 2010-02-05 2010-02-05 4 A 0 113233 0.00 A 2011-02-05 2020-02-05 Common Stock 113233 113233 D Performance Stock Units 2010-02-05 2010-02-05 4 A 0 79232 0.00 A Common Stock 79232 79232 D Restricted Stock Units granted on February 5, 2010 will vest effective February 5, 2013 if 1% ROI or ROI in top three quartiles of peer group performance criteria is met. Restricted Stock Units will be settled for stock on the vesting date. 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 02/02/2002 - 5,000; Options Exercisable 02/02/2003 - 5,000; Options Exercisable 02/02/2004 - 5,000; Options Exercisable 02/02/2005 - 5,000. Options Vesting Schedule: Options Exercisable 02/01/2003 - 5,000; Options Exercisable 02/01/2004 - 5,000; Options Exercisable 02/01/2005 - 5,000; Options Exercisable 02/01/2006 - 5,000. 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. Options Vesting Schedule: Options exercisable 02/04/2006 - 8,000; Options exercisable 02/04/2007 - 8,000; Options exercisable 02/04/2008 - 8,000; Options exercisable 02/04/2009 - 8,000. Options Vesting Schedule for Options Granted 02/03/2006: Options Exerciserable 02/03/2007 - 8,200; Options Exerciserable 02/03/2008 - 8,200; Options Exerciserable 02/03/2009 - 8,200; and Options Exerciserable 02/03/2010 - 8,200. Options Vesting Schedule for Options Granted 02/02/2007: Options Exerciserable 02/02/2008 - 8,200; Options Exerciserable 02/02/2009 - 8,200; Options Exerciserable 02/02/2010 - 8,200; and Options Exerciserable 02/02/2011 - 8,200. Restricted stock units settled for cash. 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. 50,000 Restricted Stock Units granted as a "launch award" on May 4, 2007 were cancelled. 50,000 new Restricted Stock Units were issued on August 9, 2007 and will vest on May 4, 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, 66327; Options exercisable 02/01/2010, 66327; Options exercisable 02/01/2011, 66327; Options exercisable 02/01/2012, 66325. Restricted Stock Units granted on February 1, 2008 will vest effective February 1, 2011 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 - 68487; Options Exerciserable 02/06/2011 - 68488; Options Exerciserable 02/06/2012 - 68488; and Options Exerciserable 02/06/2013 - 68488. 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. Options Vesting Schedule for Options Granted 02/05/2010. Options Exercisable 02/05/2011 - 28308; Options Exercisable 02/05/2012 - 28308; Options Exercisable 02/05/2013 - 28308; and Options Exercisable 02/06/2014 - 28309. Performance Stock Units granted on February 5, 2010 will vest 100% effective February 5, 2013 if the Company's average ROI falls within the first quartile ROI ranking compared to its peer group, 75% if in the second quartile, zero if in the bottom half. 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 Doyle R. Simons 2010-02-09 -----END PRIVACY-ENHANCED MESSAGE-----