0000318833-23-000057.txt : 20231117 0000318833-23-000057.hdr.sgml : 20231117 20231117152705 ACCESSION NUMBER: 0000318833-23-000057 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231115 FILED AS OF DATE: 20231117 DATE AS OF CHANGE: 20231117 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Acosta Matthew E CENTRAL INDEX KEY: 0001883859 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08604 FILM NUMBER: 231418215 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 wk-form4_1700252815.xml FORM 4 X0508 4 2023-11-15 0 0000318833 TEAM INC TISI 0001883859 Acosta Matthew E 13131 DAIRY ASHFORD, SUITE 600 SUGAR LAND TX 77478 0 1 0 0 VP & Chief Accounting Officer 0 Common Stock 2023-11-15 4 M 0 102 0 A 489 D Common Stock 2023-11-15 4 M 0 59 0 A 548 D Common Stock 2023-11-15 4 F 0 38 0 D 510 D Restricted Stock Units 2023-11-15 4 M 0 102 0 D 2030-11-15 Common Stock 102 0 D Restricted Stock Units 2023-11-15 4 M 0 59 0 D 2029-11-15 Common Stock 59 0 D Represents vesting of Restricted Stock Units and conversion to Team Common Stock. Represents total Stock Units withheld to satisfy tax obligations for vesting on 11/15/2023 Each restricted stock unit represents a contingent right to receive one share of TISI 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 11/15/2020, 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/ Matthew E. Acosta 2023-11-16