Filing Details
- Accession Number:
- 0001127602-15-005683
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-02-12 15:48:47
- Reporting Period:
- 2015-02-10
- Filing Date:
- 2015-02-12
- Accepted Time:
- 2015-02-12 15:48:47
- 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 |
---|---|---|---|---|---|---|---|
1187994 | W Ted Owen | 13131 Dairy Ashford, Suite 600 Sugar Land TX 77478 | President & Ceo | 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 | 2015-02-10 | 7,000 | $38.29 | 27,140 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2015-02-10 | 7,000 | $9.23 | 34,140 | No | 4 | M | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct | |
No | 4 | M | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Iso Stock Options | Disposition | 2015-02-10 | 7,000 | $0.00 | 7,000 | $9.23 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
6,990 | 2015-08-12 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 2,512 | Indirect | 401K Plan |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Restricted Stock Units | $0.00 | 2024-10-15 | 8,484 | 8,484 | Direct | |
Common Stock | Restricted Stock Units | $0.00 | 2023-10-15 | 4,781 | 4,781 | Direct | |
Common Stock | Restricted Stock Units | $0.00 | 2022-10-15 | 3,527 | 3,527 | Direct | |
Common Stock | Restricted Stock Units | $0.00 | 2021-10-14 | 2,087 | 2,087 | 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 | |
Common Stock | Nq Stock Options | $9.23 | 2015-08-12 | 10,010 | 10,010 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2024-10-15 | 8,484 | 8,484 | Direct |
2023-10-15 | 4,781 | 4,781 | Direct |
2022-10-15 | 3,527 | 3,527 | Direct |
2021-10-14 | 2,087 | 2,087 | Direct |
2017-10-15 | 24,000 | 24,000 | Direct |
2016-10-17 | 20,000 | 20,000 | Direct |
2015-08-12 | 10,010 | 10,010 | Direct |
Footnotes
- This transaction was executed in multiple trades at prices ranging from $38.00 to $38.63. 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.
- Represents estimated shares held in 401K Plan.
- Options are fully vested.
- Stock Units convert on a 1-for-1 basis into shares of Team Common Stock.
- Stock Units vest 25% on 11/4/2015, 10/15/2016, 10/15/2017 and 10/15/2018, unless earlier terminated in accordance with the Plan. Stock Units will automatically be converted into shares of Common Stock in accordance with the repective vesting schedule.
- 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.
- 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.
- 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.