TEAM INC 4
4 · TEAM INC · Filed Aug 30, 2016
Insider Transaction Report
Form 4
TEAM INCTISI
OWEN TED W
Senior Vice President & CFO
Transactions
- Sale
Common Stock
2016-08-29$31.86/sh−2,717$86,564→ 0 total(indirect: By 401(k))
Holdings
- 1,764
Restricted Stock Units
Exp: 2022-10-15→ Common Stock (1,764 underlying) - 10,024
Restricted Stock Units
Exp: 2025-10-15→ Common Stock (10,024 underlying) - 24,000
Nq Stock Options
Exercise: $30.33Exp: 2017-10-15→ Common Stock (24,000 underlying) - 3,187
Restricted Stock Units
Exp: 2023-10-15→ Common Stock (3,187 underlying) - 6,363
Restricted Stock Units
Exp: 2024-10-15→ Common Stock (6,363 underlying) - 54,030
Common Stock
Footnotes (7)
- [F1]Total reallocation of 401K portfolio for retirement planning purposes resulted in 401K Plan sale of shares from Team stock fund (number of shares sold by 401K Plan is estimated).
- [F2]Options are fully vested.
- [F3]Stock Units convert on a 1-for-1 basis into shares of Team Common Stock.
- [F4]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.
- [F5]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.
- [F6]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.
- [F7]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.