TEAM INC 4
4 · TEAM INC · Filed Oct 17, 2014
Insider Transaction Report
Form 4
TEAM INCTISI
Wallace Peter W Jr
Sr. Vice President
Transactions
- Exercise/Conversion
Common Stock
2014-10-15+1,516→ 22,845 total - Tax Payment
Restricted Stock Units
2014-10-15−563→ 0 totalExp: 2020-10-15→ Common Stock (0 underlying) - Exercise/Conversion
Restricted Stock Units
2014-10-15−1,516→ 2,658 totalExp: 2021-10-14→ Common Stock (1,516 underlying) - Tax Payment
Restricted Stock Units
2014-10-15−571→ 2,087 totalExp: 2021-10-14→ Common Stock (0 underlying) - Exercise/Conversion
Restricted Stock Units
2014-10-15−1,281→ 4,010 totalExp: 2022-10-15→ Common Stock (1,281 underlying) - Exercise/Conversion
Restricted Stock Units
2014-10-15−1,157→ 5,217 totalExp: 2023-10-15→ Common Stock (1,157 underlying) - Exercise/Conversion
Common Stock
2014-10-15+1,281→ 24,126 total - Tax Payment
Restricted Stock Units
2014-10-15−436→ 4,781 totalExp: 2023-10-15→ Common Stock (0 underlying) - Exercise/Conversion
Common Stock
2014-10-15+1,157→ 25,283 total - Exercise/Conversion
Common Stock
2014-10-15+1,492→ 21,329 total - Exercise/Conversion
Restricted Stock Units
2014-10-15−1,492→ 563 totalExp: 2020-10-15→ Common Stock (1,492 underlying) - Tax Payment
Restricted Stock Units
2014-10-15−483→ 3,527 totalExp: 2022-10-15→ Common Stock (0 underlying)
Holdings
- 10,441(indirect: By 401(k))
Common Stock
Footnotes (8)
- [F1]Represents vesting of restricted Stock Units and conversion to Team Common Stock.
- [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 10/15/2011, 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.
- [F5]Represents the portion of Stock Units withheld for income taxes prior to settlement in Common Stock.
- [F6]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.
- [F7]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.
- [F8]Stock Units vest 25% on 10/15/2014, 10/15/2015, 10/15/2016 and 10/15/2017, 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.