FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

SIMONS DOYLE R 		2. Issuer Name and Ticker or Trading Symbol

TEMPLE INLAND INC [ TIN ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chairman and CEO
(Last)          (First)          (Middle)

1300 S MOPAC EXPRESSWAY, THIRD FLOOR 		3. Date of Earliest Transaction (MM/DD/YYYY)

2/1/2012
(Street)

AUSTIN, TX 78746
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   2/1/2012   2/1/2012   M    20000   (15) A $10.56   288265   (3) (4) D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Options (Right to Buy)   $10.56   (14) 2/1/2012   2/1/2012   M         20000    2/1/2003   (9) 2/1/2012   Common Stock   20000   $ 0   0   D    
Performance Stock Units     (1)                    (1)   (1) Common Stock   79232     79232   D    
Performance Stock Units     (13)                    (13)   (13) Common Stock   285816     285816   D    
Options (Right to Buy)   $6.92   (14)                  2/7/2004   (11) 2/7/2013   Common Stock   20000     20000   D    
Options (Right to Buy)   $11.96   (14)                  2/6/2005   (10) 2/6/2014   Common Stock   16000     16000   D    
Options (Right to Buy)   $16.14   (14)                  2/4/2006   (12) 2/4/2015   Common Stock   32000     32000   D    
Options (Right to Buy)   $21.55   (14)                  2/3/2007   (6) 2/3/2016   Common Stock   32800     32800   D    
Options (Right to Buy)   $24.34   (14)                  2/2/2008   (5) 2/2/2017   Common Stock   32800     32800   D    
Options (Right to Buy)   $19.5                    2/1/2009   (2) 2/1/2018   Common Stock   265306     265306   D    
Options (Right to Buy)   $5.64                    2/6/2010   (8) 2/6/2019   Common Stock   273951     273951   D    
Options (Right to Buy)   $16.71                    2/5/2011   (7) 2/5/2020   Common Stock   113233     113233   D    
Options (Right to Buy)   $24.4                    2/4/2012   2/4/2021   Common Stock   87535     87535   D    

Explanation of Responses:
( 1)  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.
( 2)  Granted 02/01/2008 Option Vesting Schedule: Options exercisable 02/01/2009, 66326; Options exercisable 02/01/2010, 66327; Options exercisable 02/01/2011, 66326; Options exercisable 02/01/2012, 66327.
( 3)  Includes 64,459 Restricted Stock Units granted to Reporting Person on February 4, 2011. These RSUs will vest effective February 4,2014 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.
( 4)  Includes 87,695 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.
( 5)  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.
( 6)  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.
( 7)  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.
( 8)  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.
( 9)  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.
( 10)  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.
( 11)  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.
( 12)  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.
( 13)  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.
( 14)  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.
( 15)  Expiring options exercised for cash and held.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
SIMONS DOYLE R
1300 S MOPAC EXPRESSWAY
THIRD FLOOR
AUSTIN, TX 78746 		X
Chairman and CEO

Signatures
/s/ Leslie K. O'Neal on Behalf of Reporting Person 2/1/2012
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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