Filing Details

Accession Number:
0001127602-12-001406
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-01-10 14:20:52
Reporting Period:
2012-01-06
Filing Date:
2012-01-10
Accepted Time:
2012-01-10 14:20:52
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
1402534 C David Palmore 200 Hermann Dr
Alvin TX 77511
Sr. Vice President 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 2012-01-06 7,500 $9.23 15,486 No 4 M Direct
Common Stock Disposition 2012-01-06 7,500 $30.04 7,986 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Iso Stock Options Disposition 2012-01-06 7,500 $0.00 7,500 $9.23
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
5,000 2015-08-12 No 4 M 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 6,559 6,559 Direct
Common Stock Restricted Stock Units $0.00 2020-10-15 5,043 5,043 Direct
Common Stock Restricted Stock Units $0.00 2019-10-14 4,110 4,110 Direct
Common Stock Restricted Stock Units $0.00 2018-10-15 1,688 1,688 Direct
Common Stock Nq Stock Options $30.33 2017-10-15 24,000 24,000 Direct
Common Stock Nq Stock Options $15.27 2016-10-17 20,000 20,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2021-10-14 6,559 6,559 Direct
2020-10-15 5,043 5,043 Direct
2019-10-14 4,110 4,110 Direct
2018-10-15 1,688 1,688 Direct
2017-10-15 24,000 24,000 Direct
2016-10-17 20,000 20,000 Direct
Footnotes
  1. This transaction was executed in multiple trades at prices ranging from $30.00 to $30.37. 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. Options are fully vested.
  3. Stock Units convert on a 1-for-1 basis into shares of Team Common Stock.
  4. 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.
  5. Stock Units vest 25% on 10/15/2011, 10/15/2012, 10/15/2013 and 10/15/2014, 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.
  6. Stock Units vest 25% on 10/15/2010, 10/15/2011, 10/15/2012 and 10/15/2013, 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.
  7. Stock Units vest 25% on 10/14/2009, 10/14/2010, 10/14/2011 and 10/15/2012, 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.