Filing Details

Accession Number:
0001127602-14-025800
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-08-18 16:45:14
Reporting Period:
2014-08-14
Filing Date:
2014-08-18
Accepted Time:
2014-08-18 16:45:14
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
318833 Team Inc TISI Services-Miscellaneous Repair Services (7600) 741765729
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1299046 L Jeffrey Ott 13131 Dairy Ashford, Suite 600
Sugar Land TX 77478
President, Quest Integrity Grp No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2014-08-14 30,000 $40.12 32,889 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Restricted Stock Units $0.00 2021-10-14 497 497 Direct
Common Stock Restricted Stock Units $0.00 2022-10-15 685 685 Direct
Common Stock Restricted Stock Units $0.00 2023-10-15 5,083 5,083 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2021-10-14 497 497 Direct
2022-10-15 685 685 Direct
2023-10-15 5,083 5,083 Direct
Footnotes
  1. This transaction was executed in multiple trades at prices ranging from $40.00 to $40.51. 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.
  2. Stock Units convert on a 1-on-1 basis into shares of Team Common Stock.
  3. 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.
  4. 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.
  5. 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.