KEARNS JOHN P 4
4 · TEAM INC · Filed Nov 13, 2012
Insider Transaction Report
Form 4
TEAM INCTISI
KEARNS JOHN P
Sr. Vice President
Transactions
- Sale
Common Stock
2012-11-12$32.11/sh−128$4,110→ 17,143 total - Exercise/Conversion
Common Stock
2012-11-12$15.27/sh+20,000$305,400→ 37,143 total - Exercise/Conversion
Iso Stock Options
2012-11-09−300→ 7,700 totalExercise: $4.13Exp: 2013-06-26→ Common Stock (300 underlying) - Exercise/Conversion
Iso Stock Options
2012-11-12−7,700→ 0 totalExercise: $4.13Exp: 2013-06-26→ Common Stock (7,700 underlying) - Exercise/Conversion
Iso Stock Options
2012-11-12−16,000→ 0 totalExercise: $7.84Exp: 2014-06-24→ Common Stock (16,000 underlying) - Exercise/Conversion
Common Stock
2012-11-09$4.13/sh+300$1,239→ 17,443 total - Sale
Common Stock
2012-11-09$32.03/sh−300$9,608→ 17,143 total - Exercise/Conversion
Common Stock
2012-11-12$4.13/sh+7,700$31,801→ 24,843 total - Sale
Common Stock
2012-11-12$32.11/sh−29,872$959,070→ 17,143 total - Exercise/Conversion
Iso Stock Options
2012-11-12−29,872→ 0 totalExercise: $9.23Exp: 2015-08-12→ Common Stock (29,872 underlying) - Exercise/Conversion
Common Stock
2012-11-12$9.23/sh+29,872$275,719→ 47,015 total - Exercise/Conversion
Common Stock
2012-11-12$9.23/sh+128$1,181→ 17,271 total - Sale
Common Stock
2012-11-12$32.11/sh−20,000$642,120→ 17,143 total - Exercise/Conversion
Nq Stock Options
2012-11-12−128→ 0 totalExercise: $9.23Exp: 2015-08-12→ Common Stock (128 underlying) - Sale
Common Stock
2012-11-12$32.11/sh−7,700$247,216→ 17,143 total - Exercise/Conversion
Common Stock
2012-11-12$7.84/sh+16,000$125,440→ 33,143 total - Sale
Common Stock
2012-11-12$32.02/sh−16,000$512,256→ 17,143 total - Exercise/Conversion
Nq Stock Options
2012-11-12−20,000→ 0 totalExercise: $15.27Exp: 2016-10-17→ Common Stock (20,000 underlying)
Holdings
- 6,981(indirect: By 401(k))
Common Stock
- 3,362
Restricted Stock Units
Exp: 2020-10-15→ Common Stock (3,362 underlying) - 4,770
Restricted Stock Units
Exp: 2021-10-14→ Common Stock (4,770 underlying) - 24,000
Nq Stock Options
Exercise: $30.33Exp: 2017-10-15→ Common Stock (24,000 underlying) - 5,352
Restricted Stock Units
Exp: 2022-10-15→ Common Stock (5,352 underlying) - 2,055
Restricted Stock Units
Exp: 2019-10-14→ Common Stock (2,055 underlying)
Footnotes (9)
- [F1]This transaction was executed in mulitiple trades at prices ranging from $32.00 - $32.36. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information reqgarding the number of shares and prices at which the transaction was effected.
- [F2]This transaction was executed in multiple trades at prices ranging from $32.00 - $32.36. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the trasaction was effected.
- [F3]Represents estimated shares held in 401K Plan.
- [F4]Options are fully vested.
- [F5]Stock Units convert on a 1-for-1 basis into shares of Team Common Stock.
- [F6]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.
- [F7]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.
- [F8]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.
- [F9]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.