TEAM INC 4
4 · TEAM INC · Filed Nov 16, 2016
Insider Transaction Report
Form 4
TEAM INCTISI
OWEN TED W
Senior Vice President & CFO
Transactions
- Award
Restricted Stock Units
2016-11-15+10,700→ 10,700 totalExp: 2026-11-15→ Common Stock (10,700 underlying) - Sale
Common Stock
2016-11-14$36.71/sh−21,000$770,910→ 62,828 total - Exercise/Conversion
Nq Stock Options
2016-11-14−24,000→ 0 totalExercise: $30.33Exp: 2017-10-15→ Common Stock (24,000 underlying) - Exercise/Conversion
Common Stock
2016-11-14$30.33/sh+24,000$727,920→ 83,828 total
Holdings
- 7,518
Restricted Stock Units
Exp: 2025-10-15→ Common Stock (7,518 underlying) - 4,242
Restricted Stock Units
Exp: 2024-10-15→ Common Stock (4,242 underlying) - 1,594
Restricted Stock Units
Exp: 2023-10-15→ Common Stock (1,594 underlying)
Footnotes (9)
- [F1]Reporting person purchased shares via a cashless exercise of stock options.
- [F2]Reporting person sold shares to fund a cashless exercise of stock options.
- [F3]This transaction was executed in multiple trades at prices ranging from $36.50 to $37.10. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F4]Options are fully vested.
- [F5]Stock Units convert on a 1-for-1 basis into shares of Team Common Stock.
- [F6]Stock Units vest 25% on 11/15/2017, 11/15/2018, 11/15/2019 and 11/15/2020, 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 10/15/2016, 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.
- [F8]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.
- [F9]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.