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4//SEC Filing

TEAM INC 4

Accession 0001127602-16-061499

$TISICIK 0000318833operating

View on SEC.gov Company Profile

Filed

Aug 29, 8:00 PM ET

Accepted

Aug 30, 5:04 PM ET

Size

12.5 KB

Accession

0001127602-16-061499

Insider Transaction Report

Form 4

Period: 2016-08-29

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

Restricted Stock Units
Exp: 2022-10-15→ Common Stock (1,764 underlying)
1,764
Restricted Stock Units
Exp: 2025-10-15→ Common Stock (10,024 underlying)
10,024
Nq Stock Options
Exercise: $30.33Exp: 2017-10-15→ Common Stock (24,000 underlying)
24,000
Restricted Stock Units
Exp: 2023-10-15→ Common Stock (3,187 underlying)
3,187
Restricted Stock Units
Exp: 2024-10-15→ Common Stock (6,363 underlying)
6,363
Common Stock
54,030

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.

Documents

1 file

4
form4.xmlPrimary
PRIMARY DOCUMENT

Issuer

TEAM INC

CIK 0000318833

Entity typeoperating

IncorporatedDE

Related Parties

1

filerCIK 0000318833

Filing Metadata

Form type: 4
Filed: Aug 29, 8:00 PM ET
Accepted: Aug 30, 5:04 PM ET
Size: 12.5 KB

View on SEC.gov