0001127602-15-015069.txt : 20150424
0001127602-15-015069.hdr.sgml : 20150424
20150424145617
ACCESSION NUMBER: 0001127602-15-015069
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150423
FILED AS OF DATE: 20150424
DATE AS OF CHANGE: 20150424
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: TX
FISCAL YEAR END: 0531
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
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: OWEN TED W
CENTRAL INDEX KEY: 0001187994
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08604
FILM NUMBER: 15791416
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2015-04-23
0000318833
TEAM INC
TISI
0001187994
OWEN TED W
13131 DAIRY ASHFORD, SUITE 600
SUGAR LAND
TX
77478
1
President & CEO
Common Stock
2015-04-23
4
M
0
20000
15.27
A
62640
D
Common Stock
2015-04-23
4
S
0
13000
40.6606
D
49640
D
Common Stock
2665
I
401K Plan
Nq Stock Options
15.27
2015-04-23
4
M
0
20000
0
D
2016-10-17
Common Stock
20000
0
D
Restricted Stock Units
2024-10-15
Common Stock
8484
8484
D
Restricted Stock Units
2023-10-15
Common Stock
4781
4781
D
Restricted Stock Units
2022-10-15
Common Stock
3527
3527
D
Restricted Stock Units
2021-10-14
Common Stock
2087
2087
D
Nq Stock Options
30.33
2017-10-15
Common Stock
24000
24000
D
This transaction was executed in multiple trades at prices ranging from $40.45 to $40.85. 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.
Options are fully vested.
Stock Units convert on a 1-for-1 basis into shares of Team Common Stock.
Stock Units vest 25% on 11/4/2015, 10/15/2016, 10/15/2017 and 10/15/2018, unless earlier terminated in accordance with the Plan. Stock Units will automatically be converted into shares of Common Stock in accordance with the repective vesting schedule.
Stock Units vest 25% on 10/15/2014, 10/15/2015, 10/15/2016 and 10/15/2017, 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 10/15/2013, 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 10/15/2012, 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.
/s/ Ted W. Owen
2015-04-24