Palmore David C 4

4 · TEAM INC · Filed Jan 14, 2013

Insider Transaction Report

Form 4

Period: 2013-01-10

TEAM INCTISI

Palmore David C

Sr. Vice President

Transactions

Sale
Common Stock
2013-01-10$41.45/sh−35$1,451→ 13,179 total
Exercise/Conversion
Nq Stock Options
2013-01-10−20,000→ 0 total
Exercise: $15.27Exp: 2016-10-17→ Common Stock (20,000 underlying)
Exercise/Conversion
Iso Stock Options
2013-01-11−4,965→ 0 total
Exercise: $9.23Exp: 2015-08-12→ Common Stock (4,965 underlying)
Sale
Common Stock
2013-01-10$41.45/sh−20,000$829,000→ 13,179 total
Exercise/Conversion
Common Stock
2013-01-10$9.23/sh+35$323→ 13,214 total
Exercise/Conversion
Common Stock
2013-01-11$9.23/sh+4,965$45,827→ 18,144 total
Sale
Common Stock
2013-01-11$41.11/sh−4,965$204,111→ 13,179 total
Exercise/Conversion
Iso Stock Options
2013-01-10−35→ 4,965 total
Exercise: $9.23Exp: 2015-08-12→ Common Stock (35 underlying)
Exercise/Conversion
Common Stock
2013-01-10$15.27/sh+20,000$305,400→ 33,179 total

Holdings

Restricted Stock Units
Exp: 2020-10-15→ Common Stock (3,362 underlying)
3,362
Restricted Stock Units
Exp: 2022-10-15→ Common Stock (5,565 underlying)
5,565
Common Stock
(indirect: By 401(k))
5,830
Restricted Stock Units
Exp: 2021-10-14→ Common Stock (4,920 underlying)
4,920
Restricted Stock Units
Exp: 2019-10-14→ Common Stock (2,055 underlying)
2,055
Nq Stock Options
Exercise: $30.33Exp: 2017-10-15→ Common Stock (24,000 underlying)
24,000

Footnotes (9)

[F1]This transaction was executed in multiple trades at prices ranging from $41.15 to $42.71. 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 transaction was effected.
[F2]This transaction was executed in multiple trades at prices ranging from $41.05 to $41.53. 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 transaction was effected.
[F3]Represents estimated shares held in 401K Plan.
[F4]Option 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 10/15/2013, 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.
[F7]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.
[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 10/15/2010, 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.

Documents

1 file

4
form4.xmlPrimary
PRIMARY DOCUMENT