Wood Michael R 4

4 · TEAM INC · Filed Nov 17, 2020

Form 4

Period: 2020-11-15

Sr. Vice President, HSE

Transactions

Exercise/Conversion
Restricted Stock Units
2020-11-15−840→ 2,492 total
Exp: 2028-11-15→ Common Stock (840 underlying)
Exercise/Conversion
Common Stock
2020-11-15+840→ 4,210 total
Award
Restricted Stock Units
2020-11-15+6,154→ 6,154 total
Exp: 2030-11-15→ Common Stock (6,154 underlying)
Tax Payment
Restricted Stock Units
2020-11-15−271→ 2,221 total
Exp: 2028-11-15→ Common Stock (271 underlying)
Exercise/Conversion
Common Stock
2020-11-15+905→ 5,115 total
Exercise/Conversion
Restricted Stock Units
2020-11-15−905→ 3,886 total
Exp: 2029-11-15→ Common Stock (905 underlying)
Tax Payment
Restricted Stock Units
2020-11-15−292→ 3,594 total
Exp: 2029-11-15→ Common Stock (292 underlying)

Footnotes (6)

[F1]Represents vesting of Restricted Stock Units and conversion to Team Common Stock.
[F2]Stock Units convert on a 1-for-1 basis into shares of Team Common Stock.
[F3]Stock Units vest one-third on 11/15/2021, 11/15/2022 and 11/15/2023, unless earlier terminated in accordance with the Plan. Stock Units will automatically be converted into shares of Common Stock in accordance with the respective vesting schedule.
[F4]Stock Units vest 25% on 11/15/2019, 11/15/2020, 11/15/2021 and 11/15/2022, unless earlier terminated in accordance with the Plan. Stock Units will automatically be converted into shares of Common Stock in accordance with the respective vesting schedule.
[F5]Represents the portion of Stock Units withheld for income taxes prior to settlement in Common Stock.
[F6]Stock Units vest 25% on 11/15/2020, 11/15/2021, 11/15/2022 and 11/15/2023, unless earlier terminated in accordance with the Plan. Stock Units will automatically be converted into shares of Common Stock in accordance with the respective vesting schedule.

Documents

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