Filing Details

Accession Number:
0001127602-12-034337
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-12-18 15:27:31
Reporting Period:
2012-12-17
Filing Date:
2012-12-18
Accepted Time:
2012-12-18 15:27:31
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
1095235 J Philip Hawk 200 Hermann Dr
Alvin TX 77511
Ceo Yes 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 2012-11-20 200,000 $0.00 156,637 No 5 G Direct
Common Stock Acquisiton 2012-11-20 200,000 $0.00 200,000 No 5 G Indirect Family Ltd Partnership
Common Stock Disposition 2012-12-17 155,160 $37.99 1,477 No 4 S Direct
Common Stock Acquisiton 2012-12-17 155,160 $37.99 355,160 No 4 P Indirect Family Ltd Partnership
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 5 G Direct
No 5 G Indirect Family Ltd Partnership
No 4 S Direct
No 4 P Indirect Family Ltd Partnership
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Restricted Stock Units $0.00 2022-10-15 19,003 19,003 Direct
Common Stock Restricted Stock Units $0.00 2021-10-14 17,886 17,886 Direct
Common Stock Restricted Stock Units $0.00 2020-10-15 12,451 12,451 Direct
Common Stock Restricted Stock Units $0.00 2019-10-14 7,612 7,612 Direct
Common Stock Nq Stock Options $30.33 2017-10-15 120,000 120,000 Direct
Common Stock Nq Stock Options $15.27 2016-10-17 120,000 120,000 Direct
Common Stock Nq Stock Options $13.28 2016-01-17 100,000 100,000 Direct
Common Stock Nq Stock Options $9.63 2015-08-17 46,000 46,000 Direct
Common Stock Nq Stock Options $9.23 2015-08-12 40,000 40,000 Direct
Common Stock Iso Stock Options $9.43 2015-05-13 4,000 4,000 Direct
Common Stock Iso Stock Options $9.57 2015-05-12 10,000 10,000 Direct
Common Stock Iso Stock Options $9.69 2015-05-11 10,000 10,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2022-10-15 19,003 19,003 Direct
2021-10-14 17,886 17,886 Direct
2020-10-15 12,451 12,451 Direct
2019-10-14 7,612 7,612 Direct
2017-10-15 120,000 120,000 Direct
2016-10-17 120,000 120,000 Direct
2016-01-17 100,000 100,000 Direct
2015-08-17 46,000 46,000 Direct
2015-08-12 40,000 40,000 Direct
2015-05-13 4,000 4,000 Direct
2015-05-12 10,000 10,000 Direct
2015-05-11 10,000 10,000 Direct
Footnotes
  1. The reporting person transferred these shares to a Family Limited Partnership of which the reporting person is a general partner.
  2. Stock Units convert on a 1-for-1 basis into shares of Team Common Stock.
  3. Upon achievement of the annual performance goal established by the Compensation Committee, the Performance-Based Stock Units vest in 25% installments 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 upon achievement of the performance goal in accordance with the respective time vesting schedule.
  4. Upon achievement of the annual performance goal established by the Compensation Committee, the Performance-Based Stock Units vest in 25% installments 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 upon achievement of the performance goal in accordance with the respective time vesting schedule.
  5. Upon achievement of the annual performance goal established by the Compensation Committee, the Performance-Based Stock Units vest in 25% installments 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 upon achievement of the performance goal in accordance with the respective time vesting schedule.
  6. Upon achievement of the annual performance goal established by the Compensation Committee, the Performance-Based Stock Units vest in 25% installments 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 upon achievement of the performance goal in accordance with the respective time vesting schedule.
  7. Options are fully vested.