McCloskey James P 4

4 · TEAM INC · Filed Nov 19, 2019

Form 4

Period: 2019-11-15

Sr VP, Commercial

Transactions

Award
Restricted Stock Units
2019-11-15+5,989→ 5,989 total
Exp: 2029-11-15→ Common Stock (5,989 underlying)
Exercise/Conversion
Restricted Stock Units
2019-11-15−1,050→ 4,503 total
Exp: 2028-11-15→ Common Stock (1,050 underlying)
Exercise/Conversion
Common Stock
2019-11-15+1,050→ 1,050 total
Tax Payment
Restricted Stock Units
2019-11-15−338→ 4,165 total
Exp: 2028-11-15→ Common Stock (338 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 11/15/2020, 11/15/2021, 11/15/2022 and 11/15/2023, 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]Stock Units vest 25% on 11/15/2019, 11/15/2020, 11/15/2021 and 11/15/2022, 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]Represents the portion of Stock Units withheld for income taxes prior to settlement in Common Stock.

Documents

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