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