BOANE GREG L 4
4 · TEAM INC · Filed Mar 16, 2018
Insider Transaction Report
Form 4
TEAM INCTISI
BOANE GREG L
Sr. Vice President & CFO
Transactions
- Purchase
Common Stock
2018-03-16$14.82/sh+2,015$29,872→ 11,572 total
Holdings
- 3,191(indirect: By 401(k))
Common Stock
- 1,143
Restricted Stock Units
Exp: 2024-10-15→ Common Stock (1,143 underlying) - 4,586
Restricted Stock Units
Exp: 2026-11-15→ Common Stock (4,586 underlying) - 2,506
Restricted Stock Units
Exp: 2025-10-15→ Common Stock (2,506 underlying) - 15,326
Restricted Stock Units
Exp: 2027-11-15→ Common Stock (15,326 underlying)
Footnotes (6)
- [F1]Represents estimated shares held in 401K Plan.
- [F2]Stock Units convert on a 1-for-1 basis into shares of Team Common Stock.
- [F3]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.
- [F4]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.
- [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.
- [F6]Stock Units vest 25% on 11/15/2018, 11/15/2019, 11/15/2020 and 11/15/2021, 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.