0000318833-20-000122.txt : 20201117 0000318833-20-000122.hdr.sgml : 20201117 20201117161106 ACCESSION NUMBER: 0000318833-20-000122 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20201115 FILED AS OF DATE: 20201117 DATE AS OF CHANGE: 20201117 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Sides Sherri A CENTRAL INDEX KEY: 0001741929 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08604 FILM NUMBER: 201321254 MAIL ADDRESS: STREET 1: 13131 DAIRY ASHFORD STREET 2: SUITE 600 CITY: SUGAR LAND STATE: TX ZIP: 77478 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: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 13131 DAIRY ASHFORD STREET 2: SUITE 600 CITY: SUGAR LAND STATE: TX ZIP: 77478 BUSINESS PHONE: 2813316154 MAIL ADDRESS: STREET 1: 13131 DAIRY ASHFORD STREET 2: SUITE 600 CITY: SUGAR LAND STATE: TX ZIP: 77478 4 1 wf-form4_160564745135850.xml FORM 4 X0306 4 2020-11-15 0 0000318833 TEAM INC TISI 0001741929 Sides Sherri A 13131 DAIRY ASHFORD, SUITE 600 SUGAR LAND TX 77478 0 1 0 0 Sr VP, Chief HR Officer Common Stock 2020-11-15 4 M 0 1102 0 A 5795 D Common Stock 2020-11-15 4 M 0 1189 0 A 6984 D Common Stock 4180 I 401K Plan Restricted Stock Units 2020-11-15 4 A 0 8077 0 A 2030-11-15 Common Stock 8077.0 8077 D Restricted Stock Units 2020-11-15 4 M 0 1102 0 D 2028-11-15 Common Stock 1102.0 3272 D Restricted Stock Units 2020-11-15 4 F 0 356 0 D 2028-11-15 Common Stock 356.0 2916 D Restricted Stock Units 2020-11-15 4 M 0 1189 0 D 2029-11-15 Common Stock 1189.0 5099 D Restricted Stock Units 2020-11-15 4 F 0 383 0 D 2029-11-15 Common Stock 383.0 4716 D Represents vesting of Restricted Stock Units and conversion to Team Common Stock. Represents estimated shares held in 401K Plan. Stock Units convert on a 1-for-1 basis into shares of Team Common Stock. Stock Units vest one-third on 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. 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. Represents the portion of Stock Units withheld for income taxes prior to settlement in Common Stock. 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. /s/ Sherri A. Sides 2020-11-17