0001127602-19-031830.txt : 20191105 0001127602-19-031830.hdr.sgml : 20191105 20191105125314 ACCESSION NUMBER: 0001127602-19-031830 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190918 FILED AS OF DATE: 20191105 DATE AS OF CHANGE: 20191105 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Ott Jeffrey L CENTRAL INDEX KEY: 0001299046 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08604 FILM NUMBER: 191192528 MAIL ADDRESS: STREET 1: ONE EMBARCADERO CENTER SUITE 2750 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 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 form4.xml PRIMARY DOCUMENT X0306 4 2019-09-18 0000318833 TEAM INC TISI 0001299046 Ott Jeffrey L 13131 DAIRY ASHFORD, SUITE 600 SUGAR LAND TX 77478 1 President, TEAM PSL & Quest Common Stock 2019-09-18 4 M 0 21604 0 A 336113 D Common Stock 2019-10-15 4 M 0 997 0 A 337110 D Restricted Stock Units 2019-09-18 4 M 0 21604 0 D 2027-09-18 Common Stock 21604 13582 D Restricted Stock Units 2019-09-18 4 F 0 13582 0 D 2027-09-18 Common Stock 13582 0 D Restricted Stock Units 2019-10-15 4 M 0 997 0 D 2025-10-15 Common Stock 997 435 D Restricted Stock Units 2019-10-15 4 F 0 435 0 D 2025-10-15 Common Stock 435 0 D Restricted Stock Units 2026-11-15 Common Stock 4204 4204 D Restricted Stock Units 2027-11-15 Common Stock 11854 11854 D Restricted Stock Units 2028-11-15 Common Stock 15270 15270 D Represents vesting of restricted Stock Units and conversion to Team Common Stock. Stock Units convert on a 1-for-1 basis into shares of Team Common Stock. Stock Units vested 100% on 9/18/2019 pursuant to Retention Agreement. Represents the portion of Stock Units withheld for income taxes prior to settlement in Common Stock. Stock Units vest 25% on 10/15/2016, 10/15/2017, 10/15/2018 and 10/15/2019, 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 11/15/2017, 11/15/2018, 11/15/2019 and 11/15/2020, 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 11/15/2018, 11/15/2019, 11/15/2020 and 11/15/2021, 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 11/15/2019, 11/15/2020, 11/15/2021 and 11/15/2022, 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. Jeffrey L. Ott 2019-11-05