Rushe Declan G 4
4 · TEAM INC · Filed Oct 17, 2017
Insider Transaction Report
Form 4
TEAM INCTISI
Rushe Declan G
President & CEO, Qualspec Grp
Transactions
- Exercise/Conversion
Common Stock
2017-10-15+1,040→ 2,004 total - Tax Payment
Restricted Stock Units
2017-10-15−392→ 2,864 totalExp: 2025-10-15→ Common Stock (392 underlying) - Exercise/Conversion
Restricted Stock Units
2017-10-15−1,040→ 3,256 totalExp: 2025-10-15→ Common Stock (1,040 underlying)
Holdings
- 6,114
Restricted Stock Units
Exp: 2026-11-15→ Common Stock (6,114 underlying)
Footnotes (5)
- [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.
- [F5]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.