X0306 4 2012-11-30 0001082754 TEAM HEALTH HOLDINGS INC. TMH 0001477975 Allen Heidi S. 265 BROOKVIEW CENTRE WAY SUITE 400 KNOXVILLE TN 37919 1 SVP, General Counsel Common Stock 2012-11-30 2012-11-30 4 D 0 1050 28.04 D 3976 D Stock Options (Right to Buy) 12.00 2019-12-15 Common Stock 3895 3895 D Stock Options (Right to Buy) 14.93 2019-12-15 Common Stock 88153 88153 D Stock Options (Right to Buy) 13.40 2020-05-27 Common Stock 20719 20719 D Stock Options (Right to Buy) 21.64 2021-05-26 Common Stock 30000 30000 D Stock Options (Right to Buy) 22.09 2022-05-18 Common Stock 25000 25000 D These stock options were exercised and the underlying shares sold pursuant to a 10b5-1 plan entered into between Heidi Allen and Morgan Stanley Smith Barney dated August 27, 2012 These stock options are fully vested and exercisable with respect to a portion of the underlying shares and will become vested and exercisable on a pro rata daily basis with respect to the remaining underlying shares through June 22, 2013. The options are fully vested with respect to a portion of the underlying shares and will become vested on a daily pro rata basis with respect to the remaining underlying shares through June 22, 2013. The stock options are fully vested and exercisable with respect to 50% of the underlying shares and will become vested and exercisable with respect to 25% of the remaining underlying shares on each of the third and fourth anniversaries of the grant date of May 27, 2010. The stock options are vested and exercisable with respect to 25% of the underlying shares and shall vest and become exercisable with respect to 25% of the remaining underlying shares on each of the second, third, and fourth anniversaries of the grant date of May 26, 2011. The stock options shall vest and become exercisable with respect to 25% of the Shares initially covered by the stock options on each of the first, second, third and fourth anniversaries of the May 18, 2012 grant date. /s/ John R. Stair, attorney-in-fact for Ms. Allen 2012-12-04