Acosta Matthew E 4
4 · TEAM INC · Filed Nov 21, 2022
Insider Transaction Report
Form 4
TEAM INCTISI
Acosta Matthew E
VP & Chief Accounting Officer
Transactions
- Tax Payment
Common Stock
2022-11-17−313→ 3,879 total - Exercise/Conversion
Restricted Stock Units
2022-11-17−1,282→ 2,564 totalExp: 2031-11-17→ Common Stock (1,282 underlying) - Exercise/Conversion
Common Stock
2022-11-17+1,282→ 4,192 total
Footnotes (4)
- [F1]Represents vesting of Restricted Stock Units and conversion to Team Common Stock.
- [F2]Represents Stock Units withheld to satisfy tax obligations.
- [F3]Each restricted stock unit represents a contingent right to receive one share of TISI Common Stock.
- [F4]Stock Units vest one-third on 11/17/2022, 11/17/2023 and 11/15/2024, 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.