Filing Details

Accession Number:
0001127602-15-024785
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-08-12 14:19:51
Reporting Period:
2015-08-11
Filing Date:
2015-08-12
Accepted Time:
2015-08-12 14:19:51
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
1402854 Jr W Peter Wallace 13131 Dairy Ashford, Suite 600
Sugar Land TX 77478
President, Mechanical Services 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 2015-08-11 4,310 $46.76 20,973 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 5,081 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 6,056 6,056 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
Expiration Date Amount Remaning Holdings Nature of Ownership
2024-10-15 6,056 6,056 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
Footnotes
  1. This transaction was executed in multiple trades at prices ranging from $46.55 to $46.9479. 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. Stock Units convert on a 1-for-1 basis into shares of Team Common Stock.
  3. 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.
  4. 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.
  5. 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.
  6. 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.