Filing Details
- Accession Number:
- 0001127602-15-024654
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-08-11 12:12:16
- Reporting Period:
- 2015-08-07
- Filing Date:
- 2015-08-11
- Accepted Time:
- 2015-08-11 12:12:16
- 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 | 13131 Dairy Ashford, Suite 600 Sugar Land TX 77478 | Executive Chairman | 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 | 2015-08-07 | 40,756 | $44.89 | 159,404 | No | 4 | S | Indirect | Family Ltd Partnership |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Indirect | Family Ltd Partnership |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 30,155 | 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 | 2024-10-15 | 10,443 | 10,443 | Direct | |
Common Stock | Restricted Stock Units | $0.00 | 2023-10-15 | 12,879 | 12,879 | Direct | |
Common Stock | Restricted Stock Units | $0.00 | 2022-10-15 | 9,502 | 9,502 | Direct | |
Common Stock | Restricted Stock Units | $0.00 | 2021-10-14 | 5,962 | 5,962 | 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 |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2024-10-15 | 10,443 | 10,443 | Direct |
2023-10-15 | 12,879 | 12,879 | Direct |
2022-10-15 | 9,502 | 9,502 | Direct |
2021-10-14 | 5,962 | 5,962 | Direct |
2017-10-15 | 120,000 | 120,000 | Direct |
2016-10-17 | 120,000 | 120,000 | Direct |
Footnotes
- This transaction was executed in multiple trades at prices ranging from $$44.42 to $45.34. 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.
- 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.
- Upon achievement of the annual performance goal established by the Compensation Committee, the Performance-Based Stock Units vest in 25% installments on 10/15/2014, 10/15/2015, 10/15/2016, 10/15/2017, 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.
- 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.
- 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.
- Options are fully vested.