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