Palmore David C 4

4 · TEAM INC · Filed Oct 17, 2012

Insider Transaction Report

Form 4

Period: 2012-10-15

TEAM INCTISI

Palmore David C

Sr. Vice President

Transactions

Tax Payment
Restricted Stock Units
2012-10-15−447→ 0 total
Exp: 2018-10-15→ Common Stock (447 underlying)
Tax Payment
Restricted Stock Units
2012-10-15−544→ 2,055 total
Exp: 2019-10-14→ Common Stock (544 underlying)
Exercise/Conversion
Restricted Stock Units
2012-10-15−1,241→ 447 total
Exp: 2018-10-15→ Common Stock (1,241 underlying)
Exercise/Conversion
Restricted Stock Units
2012-10-15−1,205→ 5,354 total
Exp: 2021-10-14→ Common Stock (1,205 underlying)
Exercise/Conversion
Common Stock
2012-10-15+1,236→ 11,974 total
Exercise/Conversion
Common Stock
2012-10-15+1,241→ 9,227 total
Exercise/Conversion
Common Stock
2012-10-15+1,511→ 10,738 total
Award
Restricted Stock Units
2012-10-15+5,565→ 5,565 total
Exp: 2022-10-15→ Common Stock (5,565 underlying)
Exercise/Conversion
Restricted Stock Units
2012-10-15−1,511→ 2,599 total
Exp: 2019-10-14→ Common Stock (1,511 underlying)
Exercise/Conversion
Restricted Stock Units
2012-10-15−1,236→ 3,807 total
Exp: 2020-10-15→ Common Stock (1,236 underlying)
Tax Payment
Restricted Stock Units
2012-10-15−434→ 4,920 total
Exp: 2021-10-14→ Common Stock (434 underlying)
Exercise/Conversion
Common Stock
2012-10-15+1,205→ 13,179 total
Tax Payment
Restricted Stock Units
2012-10-15−445→ 3,362 total
Exp: 2020-10-15→ Common Stock (445 underlying)

Holdings

Nq Stock Options
Exercise: $30.33Exp: 2017-10-15→ Common Stock (24,000 underlying)
24,000
Common Stock
(indirect: By 401(k))
5,830
Nq Stock Options
Exercise: $15.27Exp: 2016-10-17→ Common Stock (20,000 underlying)
20,000

Footnotes (10)

[F1]Represents vesting of restricted Stock Units and conversion to Team Common Stock.
[F10]Option are fully vested.
[F2]Represents estimated shares held in 401K Plan.
[F3]Stock Units convert on a 1-for-1 basis into shares of Team Common Stock.
[F4]Stock Units vest 25% on 10/15/2013, 10/15/2014, 10/15/2015 and 10/15/2016, 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 25% on 10/14/2009, 10/14/2010, 10/14/2011 and 10/15/2012, 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.
[F6]Represents the portion of Stock Units withheld for income taxes prior to settlement in Common Stock.
[F7]Stock Units vest 25% on 10/15/2010, 10/15/2011, 10/15/2012 and 10/15/2013, 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.
[F8]Stock Units vest 25% on 10/15/2011, 10/15/2012, 10/15/2013 and 10/15/2014, 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.
[F9]Stock Units vest 25% on 10/15/2012, 10/15/2013, 10/15/2014, and 10/15/2015, 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.

Documents

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form4.xmlPrimary
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