4//SEC Filing
Norton Larry C 4
Accession 0001209191-10-025259
CIK 0000731939other
Filed
May 4, 8:00 PM ET
Accepted
May 5, 9:59 AM ET
Size
16.7 KB
Accession
0001209191-10-025259
Insider Transaction Report
Form 4
Norton Larry C
Group VP-Cor Pkg-Operations
Transactions
- Exercise/Conversion
Restricted Stock Units
2010-05-04−35,000→ 0 total→ Common Stock (35,000 underlying)
Holdings
- 105,177
Performance Stock Units
→ Common Stock (105,177 underlying) - 90(indirect: By Trust)
Common Stock
- 30,061
Restricted Stock Units
→ Common Stock (30,061 underlying) - 41,668
Options (right to buy)
Exercise: $16.71From: 2011-02-05Exp: 2020-02-05→ Common Stock (41,668 underlying) - 100,810
Options (right to buy)
Exercise: $5.64From: 2010-02-06Exp: 2019-02-06→ Common Stock (100,810 underlying) - 42,950
Common Stock
- 92,469
Options (right to buy)
Exercise: $19.50From: 2009-02-01Exp: 2018-02-01→ Common Stock (92,469 underlying) - 29,156
Performance Stock Units
→ Common Stock (29,156 underlying)
Footnotes (9)
- [F1]Reporting person acquires additional shares through on-going dividend reinvestment.
- [F2]Reporting Person acquired additional shares through on-going acquisitions under 401(k) plan by trustee of the Temple-Inland Salaried Savings Plan according to the latest report of the Plan Administrator. (Note: Trustee uses unit accounting; therefore, share equivalents may fluctuate slightly from month to month.)
- [F3]Restricted Stock Units (with performance criteria) settled for cash.
- [F4]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.
- [F5]Granted 02/01/2008 Option Vesting Schedule: Options exercisable 02/01/2009, 23117; Options exercisable 02/01/2010, 23117; Options exercisable 02/01/2011, 23117; Options exercisable 02/01/2012, 23118.
- [F6]Options Vesting Schedule for Options Granted 02/06/2009. Options Exerciserable 02/06/2010 - 25202; Options Exerciserable 02/06/2011 - 25203; Options Exerciserable 02/06/2012 - 25202; and Options Exerciserable 02/06/2013 - 25203.
- [F7]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.
- [F8]Options Vesting Schedule for Options Granted 02/05/2010. Options Exercisable 02/05/2011 - 10417; Options Exercisable 02/05/2012 - 10417; Options Exercisable 02/05/2013 - 10417; and Options Exercisable 02/06/2014 - 10417.
- [F9]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.
Documents
Issuer
TEMPLE INLAND INC
CIK 0000731939
Entity typeother
Related Parties
1- filerCIK 0001434500
Filing Metadata
- Form type
- 4
- Filed
- May 4, 8:00 PM ET
- Accepted
- May 5, 9:59 AM ET
- Size
- 16.7 KB