X0306 4 2012-10-15 0000318833 TEAM INC TISI 0001187994 OWEN TED W 200 HERMANN DR ALVIN TX 77511 1 Executive Vice President & CFO Common Stock 2012-10-15 4 M 0 1241 0 A 28618 D Common Stock 2012-10-15 4 M 0 1511 0 A 30129 D Common Stock 2012-10-15 4 M 0 1511 0 A 31640 D Common Stock 2012-10-15 4 M 0 1534 0 A 33174 D Common Stock 2012-10-17 4 S 0 7000 33.274 D 26174 D Common Stock 2622 I 401K Plan Restricted Stock Units 2012-10-15 4 A 0 7054 0 A 2022-10-15 Common Stock 7054 7054 D Restricted Stock Units 2012-10-15 4 M 0 1241 0 D 2018-10-15 Common Stock 1241 447 D Restricted Stock Units 2012-10-15 4 F 0 447 0 D 2018-10-15 Common Stock 447 0 D Restricted Stock Units 2012-10-15 4 M 0 1511 0 D 2019-10-14 Common Stock 1511 2599 D Restricted Stock Units 2012-10-15 4 F 0 544 0 D 2019-10-14 Common Stock 544 2055 D Restricted Stock Units 2012-10-15 4 M 0 1511 0 D 2020-10-15 Common Stock 1511 4653 D Restricted Stock Units 2012-10-15 4 F 0 544 0 D 2020-10-15 Common Stock 544 4109 D Restricted Stock Units 2012-10-15 4 M 0 1534 0 D 2021-10-14 Common Stock 1534 6813 D Restricted Stock Units 2012-10-15 4 F 0 552 0 D 2021-10-14 Common Stock 552 6261 D Nq Stock Options 30.33 2017-10-15 Common Stock 24000 24000 D Nq Stock Options 15.27 2016-10-17 Common Stock 20000 20000 D Nq Stock Options 9.23 2015-08-12 Common Stock 10010 10010 D Represents vesting of restricted Stock Units and conversion to Team Common Stock. This transaction was executed in multiple trades at prices ranging from $33.16 to $33.33. 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. 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 10/14/2009, 10/14/2010, 10/14/2011 and 10/15/2012, 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 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. 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 10/15/2012, 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. Options are fully vested. /s/ Ted W. Owen 2012-10-17