Filing Details

Accession Number:
0001209191-10-052927
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-11-03 16:28:44
Reporting Period:
2010-11-02
Filing Date:
2010-11-03
Accepted Time:
2010-11-03 16:28:44
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
731939 Temple Inland Inc TIN Paperboard Mills (2631) 751903917
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1335843 J Dennis Vesci 1300 South Mopac
Third Floor
Austin TX 78746
Group Vp-Corrugated Packaging No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2010-11-02 1,500 $10.56 56,319 No 4 M Direct
Common Stock Acquisiton 2010-11-02 3,000 $6.92 59,316 No 4 M Direct
Common Stock Acquisiton 2010-11-02 5,000 $11.96 64,319 No 4 M Direct
Common Stock Disposition 2010-11-02 9,500 $20.86 54,319 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Options (right to buy) Disposition 2010-11-02 1,500 $0.00 1,500 $10.56
Common Stock Options (right to buy) Disposition 2010-11-02 3,000 $0.00 3,000 $6.92
Common Stock Options (right to buy) Disposition 2010-11-02 5,000 $0.00 5,000 $11.96
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2006-02-01 2012-02-01 No 4 M Direct
0 2006-02-07 2013-02-07 No 4 M Direct
0 2005-02-06 2014-02-06 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 2,800 Indirect By Trustee of 401(k) Plan
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Options (right to buy) $16.14 2006-02-04 2015-02-04 5,000 5,000 Direct
Common Stock Restricted Stock Units (Deferred) $0.00 12,041 12,041 Direct
Common Stock Options (right to buy) $21.55 2007-02-03 2016-02-03 18,450 18,450 Direct
Common Stock Options (right to buy) $24.34 2008-02-02 2017-02-02 18,450 18,450 Direct
Common Stock Options (right to buy) $19.50 2009-02-01 2018-02-01 91,439 91,439 Direct
Common Stock Restricted Stock Units $0.00 29,216 29,216 Direct
Common Stock Options (right to buy) $5.64 2010-02-06 2019-02-06 99,074 99,074 Direct
Common Stock Performance Stock Units $0.00 103,365 103,365 Direct
Common Stock Options (right to buy) $16.71 2011-02-05 2020-02-05 40,949 40,949 Direct
Common Stock Performance Stock Units $0.00 28,653 28,653 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2015-02-04 5,000 5,000 Direct
12,041 12,041 Direct
2016-02-03 18,450 18,450 Direct
2017-02-02 18,450 18,450 Direct
2018-02-01 91,439 91,439 Direct
29,216 29,216 Direct
2019-02-06 99,074 99,074 Direct
103,365 103,365 Direct
2020-02-05 40,949 40,949 Direct
28,653 28,653 Direct
Footnotes
  1. The price in Column 4 is a weighted average price. The prices actually paid ranged from $20.73 to $21.03. 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.
  2. Includes 31714 Restricted Stock Units granted to Reporting Person on February 5, 2010. These RSUs will vest effective February 5, 2013 if 1% ROI or ROI in top three quartiles of peer group performance criteria is met, and will be settled for stock on the vesting date.
  3. 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.)
  4. 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.
  5. Option vesting schedule: Options Exercisable 02/01/2006 - 1500.
  6. Options Vesting Schedule: Options Exercisable 02/07/2006 - 1,500 and Options Exercisable 02/07/2007 - 1,500.
  7. Options Vesting Schedule: Options Exercisable 02/06/2005 - 1,250, Options Exercisable 02/06/2006 - 1,250, Options Exercisable 02/06/2007 - 1,250, and Options Exercisable 02/06/2008 - 1,250.
  8. Options Vesting Schedule: Options Exercisable 02/04/2006 - 1,250, Options Exercisable 02/04/2007 - 1,250, Options Exercisable 02/04/2008 - 1,250, and Options Exercisable 02/04/2009 - 1,250.
  9. Restricted stock units deferred under a terminated Company bonus deferral plan, to be settled upon the reporting person's retirement. Restricted stock units earned before 2006 are payable in stock. Restricted stock units earned in 2006 or later are payable in cash.
  10. Options Vesting Schedule for Options Granted 02/03/2006: Options Exerciserable 02/03/2007 - 4,612; Options Exerciserable 02/03/2008 - 4,612; Options Exerciserable 02/03/2009 - 4,612; and Options Exerciserable 02/03/2010 - 4,614.
  11. Options Vesting Schedule for Options Granted 02/02/2007: Options Exerciserable 02/02/2008 - 4,612; Options Exerciserable 02/02/2009 - 4,613; Options Exerciserable 02/02/2010 - 4,612; and Options Exerciserable 02/02/2011 - 4,612.
  12. 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.
  13. Options Vesting Schedule for Options Granted 02/06/2009. Options Exerciserable 02/06/2010 - 24,768; Options Exerciserable 02/06/2011 - 24,769; Options Exerciserable 02/06/2012 - 24,768; and Options Exerciserable 02/06/2013 - 24,769.
  14. Performance Stock Units granted on February 6, 2009 will vest on or after February 6, 2012 at 100% 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. PSUs will be settled for cash based on the fair market value on the vesting date.
  15. Options Vesting Schedule for Options Granted 02/05/2010. Options Exercisable 02/05/2011 - 10237; Options Exercisable 02/05/2012 - 10237; Options Exercisable 02/05/2013 - 10237; and Options Exercisable 02/06/2014 - 10238.
  16. Performance Stock Units granted on February 5, 2010 will vest on or after February 5, 2013 at 100% 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. PSUs will be settled for cash based on the fair market value on the vesting date.