Acosta Matthew E 4
4 · TEAM INC · Filed Nov 17, 2022
Insider Transaction Report
Form 4
TEAM INCTISI
Acosta Matthew E
VP & Chief Accounting Officer
Transactions
- Exercise/Conversion
Common Stock
2022-11-15+599→ 2,281 total - Tax Payment
Common Stock
2022-11-15−396→ 2,910 total - Exercise/Conversion
Restricted Stock Units
2022-11-15−1,025→ 1,026 totalExp: 2030-11-15→ Common Stock (1,025 underlying) - Exercise/Conversion
Common Stock
2022-11-15+1,025→ 3,306 total - Exercise/Conversion
Restricted Stock Units
2022-11-15−599→ 599 totalExp: 2029-11-15→ Common Stock (599 underlying)
Footnotes (5)
- [F1]Represents vesting of Restricted Stock Units and conversion to Team Common Stock.
- [F2]Represents total Stock Units withheld to satisfy tax obligations for vesting on 11/15/2022.
- [F3]Each restricted stock unit represents a contingent right to receive one share of TISI Common Stock.
- [F4]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.
- [F5]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.