0001127602-13-001814.txt : 20130114
0001127602-13-001814.hdr.sgml : 20130114
20130114184009
ACCESSION NUMBER: 0001127602-13-001814
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20130110
FILED AS OF DATE: 20130114
DATE AS OF CHANGE: 20130114
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Palmore David C
CENTRAL INDEX KEY: 0001402534
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08604
FILM NUMBER: 13528889
MAIL ADDRESS:
STREET 1: 200 HERMANN DRIVE
CITY: ALVIN
STATE: TX
ZIP: 77511
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: TEAM INC
CENTRAL INDEX KEY: 0000318833
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS REPAIR SERVICES [7600]
IRS NUMBER: 741765729
STATE OF INCORPORATION: TX
FISCAL YEAR END: 0531
BUSINESS ADDRESS:
STREET 1: 200 HERMANN DRIVE
CITY: ALVIN
STATE: TX
ZIP: 77056
BUSINESS PHONE: 2813316154
MAIL ADDRESS:
STREET 1: 1019 SOUTH HOOD STREET
CITY: ALVIN
STATE: TX
ZIP: 77551
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2013-01-10
0000318833
TEAM INC
TISI
0001402534
Palmore David C
200 HERMANN DR
ALVIN
TX
77511
1
Sr. Vice President
Common Stock
2013-01-10
4
M
0
20000
15.27
A
33179
D
Common Stock
2013-01-10
4
S
0
20000
41.45
D
13179
D
Common Stock
2013-01-10
4
M
0
35
9.23
A
13214
D
Common Stock
2013-01-10
4
S
0
35
41.45
D
13179
D
Common Stock
2013-01-11
4
M
0
4965
9.23
A
18144
D
Common Stock
2013-01-11
4
S
0
4965
41.11
D
13179
D
Common Stock
5830
I
401K Plan
Nq Stock Options
15.27
2013-01-10
4
M
0
20000
0
D
2016-10-17
Common Stock
20000
0
D
Iso Stock Options
9.23
2013-01-10
4
M
0
35
0
D
2015-08-12
Common Stock
35
4965
D
Iso Stock Options
9.23
2013-01-11
4
M
0
4965
0
D
2015-08-12
Common Stock
4965
0
D
Restricted Stock Units
2022-10-15
Common Stock
5565
5565
D
Restricted Stock Units
2021-10-14
Common Stock
4920
4920
D
Restricted Stock Units
2020-10-15
Common Stock
3362
3362
D
Restricted Stock Units
2019-10-14
Common Stock
2055
2055
D
Nq Stock Options
30.33
2017-10-15
Common Stock
24000
24000
D
This transaction was executed in multiple trades at prices ranging from $41.15 to $42.71. 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.
This transaction was executed in multiple trades at prices ranging from $41.05 to $41.53. 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.
Represents estimated shares held in 401K Plan.
Option are fully vested.
Stock Units convert on a 1-for-1 basis into shares of Team Common Stock.
Stock Units vest 25% on 10/15/2013, 10/15/2014, 10/15/2015 and 10/15/2016, 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.
Stock Units vest 25% on 10/15/2012, 10/15/2013, 10/15/2014, and 10/15/2015, 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.
Stock Units vest 25% on 10/15/2011, 10/15/2012, 10/15/2013 and 10/15/2014, 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.
Stock Units vest 25% on 10/15/2010, 10/15/2011, 10/15/2012 and 10/15/2013, 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.
/s/ David C. Palmore
2013-01-14