Ownership Submission
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

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(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
SMITH SCOTT H
   2. Issuer Name and Ticker or Trading Symbol
TEMPLE INLAND INC [TIN] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Information Officer
(Last)
(First)
(Middle)
1300 S MOPAC EXPRESSWAY, THIRD FLOOR		 3. Date of Earliest Transaction (Month/Day/Year)
02/01/2012
(Street)

AUSTIN, TX 78746		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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 02/01/2012 02/01/2012 M   30,000 (16) A $ 10.56 99,397 (14) (15) D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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. SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction 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
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(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 (2) 02/01/2012 02/01/2012 M     30,000 02/01/2003(1) 02/01/2012 Common Stock 30,000 $ 0 0 D  
Performance Stock Units (3)               (3)   (3) Common Stock 18,323   18,323 D  
Performance Stock Units (4)               (4)   (4) Common Stock 82,619   82,619 D  
Options (Right to Buy) $ 6.92 (2)             02/07/2004(5) 02/07/2013 Common Stock 20,000   20,000 D  
Options (Right to Buy) $ 11.96 (2)             02/06/2005(6) 02/06/2014 Common Stock 16,000   16,000 D  
Options (Right to Buy) $ 16.14 (2)             02/04/2006(7) 02/04/2015 Common Stock 16,000   16,000 D  
Options (Right to Buy) $ 21.55 (2)             02/03/2007(8) 02/03/2016 Common Stock 16,400   16,400 D  
Options (Right to Buy) $ 24.34 (2)             02/02/2008(9) 02/02/2017 Common Stock 16,400   16,400 D  
Options (Right to Buy) $ 19.5             02/01/2009(10) 02/01/2018 Common Stock 76,306   76,306 D  
Options (Right to Buy) $ 5.64             02/06/2010(11) 02/06/2019 Common Stock 79,190   79,190 D  
Options (Right to Buy) $ 16.71             02/05/2011(12) 02/05/2020 Common Stock 26,185   26,185 D  
Options (Right to Buy) $ 24.4             02/04/2012(13) 02/04/2021 Common Stock 14,168   14,168 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
SMITH SCOTT H
1300 S MOPAC EXPRESSWAY
THIRD FLOOR
AUSTIN, TX 78746		       Chief Information Officer  

Signatures

 /s/ Leslie K. O'Neal on Behalf of Reporting Person   02/01/2012
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Options Vesting Schedule: Options Exercisable 02/01/2003 - 7,500; Options Exercisable 02/01/2004 - 7,500; Options Exercisable 02/01/2005 - 7,500; Options Exercisable 02/01/2006 - 7,500.
(2) 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.
(3) 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.
(4) 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.
(5) 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.
(6) 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.
(7) Option Vesting Schedule: Options exercisable 02/04/2006 - 4,000; Options exercisable 02/04/2007 - 4,000; Options exercisable 02/04/2008 - 4,000; Options exercisable 02/04/2009 - 4,000.
(8) Options Vesting Schedule for Options Granted 02/03/2006: Options Exerciserable 02/03/2007 - 4,100; Options Exerciserable 02/03/2008 - 4,100; Options Exerciserable 02/03/2009 - 4,100; and Options Exerciserable 02/03/2010 - 4,100.
(9) Options Vesting Schedule for Options Granted 02/02/2007 at an exercise price of $50.90: Options Exerciserable 02/02/2008 - 4,100; Options Exerciserable 02/02/2009 - 4,100; Options Exerciserable 02/02/2010 - 4,100; and Options Exerciserable 02/02/2011 - 4,100.
(10) Granted 02/01/2008 Option Vesting Schedule: Options exercisable 02/01/2009, 19076; Options exercisable 02/01/2010,19077; Options exercisable 02/01/2011, 19076; Options exercisable 02/01/2012, 19077.
(11) Options Vesting Schedule for Options Granted 02/06/2009. Options Exerciserable 02/06/2010 - 19,797; Options Exerciserable 02/06/2011 - 19,798; Options Exerciserable 02/06/2012 - 19,797; and Options Exerciserable 02/06/2013 - 19,798.
(12) Options Vesting Schedule for Options Granted 02/05/2010. Options Exercisable 02/05/2011 - 6546; Options Exercisable 02/05/2012 - 6546; Options Exercisable 02/05/2013 - 6546; and Options Exercisable 02/06/2014 - 6546.
(13) Options granted 02/04/11 vest as follows: 3542 on 02/04/12, 3542 on 02/04/13, 3542 on 02/04/14 and 3542 on 02/04/15.
(14) Includes 10,433 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.
(15) Includes 20,280 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.
(16) Expiring options exercised for cash and held.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.