Iron Park Capital Partners, LP 4
4 · TEAM INC · Filed Nov 12, 2021
Insider Transaction Report
Form 4
TEAM INCTISI
Iron Park Capital Partners, LP
10% Owner
Transactions
- Other
Warrants
2021-11-09+3,267,746→ 3,267,746 totalExercise: $1.50Exp: 2028-06-14→ Common Stock (3,267,746 underlying) - 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)
Footnotes (3)
- [F1]Represents warrants to purchase 3,582,949 shares of common stock 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]The reported securities are directly held by APSC Holdco II, L.P. ("APSC Holdco II") and separately reported in filings by APSC HoldCo II. 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 the Reporting Person and GASC APF, L.P. and appointed each of them to jointly act as investment advisers.