Ott Jeffrey L 4

4 · TEAM INC · Filed Nov 17, 2020

Insider Transaction Report

Form 4

Period: 2020-11-15

TEAM INCTISI

Ott Jeffrey L

President, Quest Integrity Grp

Transactions

Exercise/Conversion
Common Stock
2020-11-15+2,659→ 362,215 total
Exercise/Conversion
Common Stock
2020-11-15+2,751→ 359,556 total
Exercise/Conversion
Common Stock
2020-11-15+2,867→ 365,082 total
Exercise/Conversion
Common Stock
2020-11-15+1,464→ 356,805 total
Tax Payment
Restricted Stock Units
2020-11-15−638→ 0 total
Exp: 2026-11-15→ Common Stock (638 underlying)
Exercise/Conversion
Restricted Stock Units
2020-11-15−2,867→ 13,601 total
Exp: 2029-11-15→ Common Stock (2,867 underlying)
Award
Restricted Stock Units
2020-11-15+21,154→ 21,154 total
Exp: 2030-11-15→ Common Stock (21,154 underlying)
Tax Payment
Restricted Stock Units
2020-11-15−1,200→ 3,952 total
Exp: 2027-11-15→ Common Stock (1,200 underlying)
Exercise/Conversion
Restricted Stock Units
2020-11-15−2,659→ 8,794 total
Exp: 2028-11-15→ Common Stock (2,659 underlying)
Tax Payment
Restricted Stock Units
2020-11-15−1,159→ 7,635 total
Exp: 2028-11-15→ Common Stock (1,159 underlying)
Exercise/Conversion
Restricted Stock Units
2020-11-15−1,464→ 638 total
Exp: 2026-11-15→ Common Stock (1,464 underlying)
Exercise/Conversion
Restricted Stock Units
2020-11-15−2,751→ 5,152 total
Exp: 2027-11-15→ Common Stock (2,751 underlying)
Tax Payment
Restricted Stock Units
2020-11-15−1,250→ 12,351 total
Exp: 2029-11-15→ Common Stock (1,250 underlying)

Footnotes (8)

[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 11/15/2017, 11/15/2018, 11/15/2019 and 11/15/2020, 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 11/15/2018, 11/15/2019, 11/15/2020 and 11/15/2021, 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.
[F7]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.
[F8]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

1 file

4
wf-form4_160564757915888.xmlPrimary
FORM 4