Home/Filings/4/0001127602-15-030450
4//SEC Filing

TEAM INC 4

Accession 0001127602-15-030450

$TISICIK 0000318833operating

Filed

Nov 4, 7:00 PM ET

Accepted

Nov 5, 5:17 PM ET

Size

14.3 KB

Accession

0001127602-15-030450

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.

Issuer

TEAM INC

CIK 0000318833

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000318833

Filing Metadata

Form type
4
Filed
Nov 4, 7:00 PM ET
Accepted
Nov 5, 5:17 PM ET
Size
14.3 KB