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