4//SEC Filing
GASC APF, L.P. 4
Accession 0000950142-21-003694
CIK 0000318833other
Filed
Nov 11, 7:00 PM ET
Accepted
Nov 12, 9:00 PM ET
Size
14.4 KB
Accession
0000950142-21-003694
Insider Transaction Report
Form 4
TEAM INCTISI
APSC Holdco II, L.P.
10% Owner
Transactions
- Other
Warrants
2021-11-09−3,267,746→ 0 totalExercise: $7.75Exp: 2028-06-14→ Common Stock (3,267,746 underlying) - Purchase
Warrants
2021-11-09+500,000→ 4,082,949 totalExercise: $1.50Exp: 2028-06-14→ Common Stock (500,000 underlying) - Other
Warrants
2021-11-09+3,267,746→ 3,267,746 totalExercise: $1.50Exp: 2028-06-14→ Common Stock (3,267,746 underlying)
Transactions
- Other
Warrants
2021-11-09−3,267,746→ 0 totalExercise: $7.75Exp: 2028-06-14→ Common Stock (3,267,746 underlying) - Other
Warrants
2021-11-09+3,267,746→ 3,267,746 totalExercise: $1.50Exp: 2028-06-14→ Common Stock (3,267,746 underlying) - Purchase
Warrants
2021-11-09+500,000→ 4,082,949 totalExercise: $1.50Exp: 2028-06-14→ Common Stock (500,000 underlying)
GASC APF, L.P.
10% Owner
Transactions
- Other
Warrants
2021-11-09−3,267,746→ 0 totalExercise: $7.75Exp: 2028-06-14→ Common Stock (3,267,746 underlying) - Other
Warrants
2021-11-09+3,267,746→ 3,267,746 totalExercise: $1.50Exp: 2028-06-14→ Common Stock (3,267,746 underlying) - Purchase
Warrants
2021-11-09+500,000→ 4,082,949 totalExercise: $1.50Exp: 2028-06-14→ Common Stock (500,000 underlying)
Footnotes (3)
- [F1]Represents warrants to purchase 3,582,949 shares of common stock ("Shares") of Team, Inc. (the "Issuer") that have been re-struck at $1.50 per share and an additional 500,000 warrants that were acquired, in each case, based on the same deemed valuation or price.
- [F2]Exercisable at any time at the sole discretion of the holder.
- [F3]APSC Holdco II, L.P. ("APSC Holdco II") directly holds warrants to purchase Shares of the Issuer. Atlantic Park Strategic Capital Parallel Master Fund, L.P. ("Atlantic Park") is the sole beneficial owner of APSC Holdco II. Pursuant to an Investment Management Agreement, dated July 6, 2020, Atlantic Park and certain of its affiliates have delegated their voting and dispositive power over their direct and indirect investments (including the Shares) to Iron Park Capital Partners, LP and GASC APF, L.P. and appointed each of them to jointly act as investment advisers.
Documents
Issuer
TEAM INC
CIK 0000318833
Entity typeother
Related Parties
1- filerCIK 0001844506
Filing Metadata
- Form type
- 4
- Filed
- Nov 11, 7:00 PM ET
- Accepted
- Nov 12, 9:00 PM ET
- Size
- 14.4 KB