- Accession Number:
- Form Type:
- Zero Holdings:
- Publication Time:
- 2019-12-17 15:43:34
- Reporting Period:
- Accepted Time:
- 2019-12-17 15:43:34
- SEC Url:
- Form 4 Filing
|Cik||Name||Symbol||Sector (SIC)||IRS No|
|318833||Team Inc||TISI||Services-Miscellaneous Repair Services (7600)||741765729|
|Cik||Name||Reported Address||Insider Title||Director||Officer||Large Shareholder||Other|
|1554999||M. Susan Ball||13131 Dairy Ashford, Suite 600 |
Sugar Land TX 77478
|Executive Vice President & Cfo||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|
|Equity Swap Involved||Form Type||Code||Nature of Ownership||Explanation|
Reported Derivative Transactions
|Sec. Name||Sec. Type||Acquisiton - Disposition||Date||Amount||Price||Amount - 2||Price - 2|
|Common Stock||Restricted Stock Units||Disposition||2019-12-14||2,994||$0.00||2,994||$0.00|
|Common Stock||Restricted Stock Units||Disposition||2019-12-14||964||$0.00||964||$0.00|
|Remaning Holdings||Exercise Date||Expiration Date||Equity Swap Involved||Transaction Form Type||Transaction Code||Nature of Ownership|
Reported Derivative Holdings
|Sec. Name||Sec. Type||Price||Date||Expiration Date||Amount||Remaning Holdings||Nature of Ownership|
|Common Stock||Restricted Stock Units||$0.00||2029-11-15||14,372||14,372||Direct|
|Expiration Date||Amount||Remaning Holdings||Nature of Ownership|
- This transaction was executed in multiple trades at prices ranging from $16.23 to $16.34. The price reported above reflects the weighted average purchase 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 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 vest 25% on 11/15/2020, 11/15/2021, 11/15/2022 and 11/15/2023, 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 12/14/2019, 12/14/2020, 12/14/2021 and 12/14/2022, 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.
- Represents the portion of Stock Units withheld for income taxes prior to settlement in Common Stock.