4//SEC Filing
TEAM INC 4
Accession 0001127602-16-065212
$TISICIK 0000318833operating
Filed
Oct 24, 8:00 PM ET
Accepted
Oct 25, 4:22 PM ET
Size
9.0 KB
Accession
0001127602-16-065212
Insider Transaction Report
Form 4
TEAM INCTISI
Rushe Declan G
President & CEO, Qualspec Grp
Transactions
- Exercise/Conversion
Restricted Stock Units
2016-10-15−964→ 4,764 totalExp: 2025-10-15→ Common Stock (964 underlying) - Tax Payment
Restricted Stock Units
2016-10-15−468→ 4,296 totalExp: 2025-10-15→ Common Stock (468 underlying) - Exercise/Conversion
Common Stock
2016-10-15+964→ 964 total
Footnotes (4)
- [F1]Represents vesting of restricted Stock Units and conversion to Team Common Stock.
- [F2]Stock Units convert on a 1-for-1 basis into shares of Team Common Stock.
- [F3]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.
- [F4]Represents the portion of Stock Units withheld for income taxes prior to settlement in Common Stock.
Documents
Issuer
TEAM INC
CIK 0000318833
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000318833
Filing Metadata
- Form type
- 4
- Filed
- Oct 24, 8:00 PM ET
- Accepted
- Oct 25, 4:22 PM ET
- Size
- 9.0 KB