Filing Details
- Accession Number:
- 0000318833-19-000062
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-12-17 15:43:34
- Reporting Period:
- 2019-12-13
- Accepted Time:
- 2019-12-17 15:43:34
- 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 |
|---|---|---|---|---|---|---|---|
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2019-12-13 | 6,500 | $16.30 | 6,500 | No | 4 | P | Direct | |
| Common Stock | Acquisiton | 2019-12-14 | 2,994 | $0.00 | 9,494 | No | 4 | M | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Direct | |
| No | 4 | M | Direct |
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 |
|---|---|---|---|---|---|---|
| 12,838 | 2028-12-14 | No | 4 | M | Direct | |
| 11,874 | 2028-12-14 | No | 4 | F | 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 | 2029-11-15 | 14,372 | 14,372 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2029-11-15 | 14,372 | 14,372 | Direct |
Footnotes
- 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.
Billionaire Hedge Funds
