TEAM INC 4
4 · TEAM INC · Filed Nov 5, 2015
Insider Transaction Report
Form 4
TEAM INCTISI
Wallace Peter W Jr
Sr. Vice President
Transactions
- Tax Payment
Restricted Stock Units
2015-11-04−636→ 4,542 totalExp: 2024-10-15→ Common Stock (636 underlying) - Exercise/Conversion
Common Stock
2015-11-04+878→ 25,010 total - Exercise/Conversion
Restricted Stock Units
2015-11-04−878→ 5,178 totalExp: 2024-10-15→ Common Stock (878 underlying)
Holdings
- 5,122(indirect: By 401(k))
Common Stock
- 1,764
Restricted Stock Units
Exp: 2022-10-15→ Common Stock (1,764 underlying) - 6,645
Restricted Stock Units
Exp: 2025-10-15→ Common Stock (6,645 underlying) - 3,187
Restricted Stock Units
Exp: 2023-10-15→ Common Stock (3,187 underlying)
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.