Bouchard Andre C 4
4 · TEAM INC · Filed Nov 17, 2023
Insider Transaction Report
Form 4
TEAM INCTISI
Bouchard Andre C
Sr. Vice Pres. & Gen. Counsel
Transactions
- Tax Payment
Common Stock
2023-11-15−2,238→ 15,329 total - Exercise/Conversion
Restricted Stock Units
2023-11-15−512→ 0 totalExp: 2030-11-15→ Common Stock (512 underlying) - Exercise/Conversion
Common Stock
2023-11-15+8,721→ 17,567 total - Exercise/Conversion
Restricted Stock Units
2023-11-15−299→ 0 totalExp: 2029-11-15→ Common Stock (299 underlying) - Exercise/Conversion
Common Stock
2023-11-15+512→ 8,547 total - Exercise/Conversion
Common Stock
2023-11-15+299→ 8,846 total - Exercise/Conversion
Restricted Stock Units
2023-11-15−8,721→ 17,441 totalExp: 2032-11-15→ Common Stock (8,721 underlying)
Holdings
- 1,059(indirect: By 401(k))
Common Stock
Footnotes (6)
- [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 11/15/2023, 11/15/2024 and 11/15/2025, 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 vesting schedule.
- [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.