Ott Jeffrey L 4

4 · TEAM INC · Filed Nov 19, 2019

Form 4

Period: 2019-11-15

President, Quest Integrity Grp

Transactions

Exercise/Conversion
Restricted Stock Units
2019-11-15−1,464→ 2,740 total
Exp: 2026-11-15→ Common Stock (1,464 underlying)
Exercise/Conversion
Common Stock
2019-11-15+1,464→ 338,574 total
Exercise/Conversion
Common Stock
2019-11-15+2,658→ 343,983 total
Exercise/Conversion
Restricted Stock Units
2019-11-15−2,751→ 9,103 total
Exp: 2027-11-15→ Common Stock (2,751 underlying)
Tax Payment
Restricted Stock Units
2019-11-15−638→ 2,102 total
Exp: 2026-11-15→ Common Stock (638 underlying)
Tax Payment
Restricted Stock Units
2019-11-15−1,159→ 11,453 total
Exp: 2028-11-15→ Common Stock (1,159 underlying)
Exercise/Conversion
Common Stock
2019-11-15+2,751→ 341,325 total
Award
Restricted Stock Units
2019-11-15+16,468→ 16,468 total
Exp: 2029-11-15→ Common Stock (16,468 underlying)
Tax Payment
Restricted Stock Units
2019-11-15−1,200→ 7,903 total
Exp: 2027-11-15→ Common Stock (1,200 underlying)
Exercise/Conversion
Restricted Stock Units
2019-11-15−2,658→ 12,612 total
Exp: 2028-11-15→ Common Stock (2,658 underlying)

Footnotes (7)

[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 11/15/2017, 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.
[F5]Represents the portion of Stock Units withheld for income taxes prior to settlement in Common Stock.
[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.
[F7]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.

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