$TISI·4

TEAM INC · Nov 5, 5:17 PM ET

TEAM INC 4

4 · TEAM INC · Filed Nov 5, 2015

Insider Transaction Report

Form 4
Period: 2015-11-04
Wallace Peter W Jr
Sr. Vice President
Transactions
  • Tax Payment

    Restricted Stock Units

    2015-11-046364,542 total
    Exp: 2024-10-15Common Stock (636 underlying)
  • Exercise/Conversion

    Common Stock

    2015-11-04+87825,010 total
  • Exercise/Conversion

    Restricted Stock Units

    2015-11-048785,178 total
    Exp: 2024-10-15Common Stock (878 underlying)
Holdings
  • Common Stock

    (indirect: By 401(k))
    5,122
  • Restricted Stock Units

    Exp: 2022-10-15Common Stock (1,764 underlying)
    1,764
  • Restricted Stock Units

    Exp: 2025-10-15Common Stock (6,645 underlying)
    6,645
  • Restricted Stock Units

    Exp: 2023-10-15Common Stock (3,187 underlying)
    3,187
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 11/4/2015, 10/15/2016, 10/15/2017 and 10/15/2018, unless earlier terminated in accordance with the Plan. Stock Units will automatically be converted into shares of Common Stock in accordance with the repective 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 10/15/2016, 10/15/2017, 10/15/2018 and 10/15/2019, 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 10/15/2014, 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.
  • [F8]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.

Documents

1 file
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT