Home > Insider Trading > Filing (0001127602-16-069548)

Filing Details

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		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2016-12-07	40,000	$30.33	173,140	No	4	M	Direct
Common Stock	Disposition	2016-12-07	40,000	$35.14	133,140	No	4	S	Direct
Common Stock	Disposition	2016-12-07	25,000	$0.00	108,140	No	5	G	Direct
Common Stock	Acquisiton	2016-12-08	20,000	$30.33	128,140	No	4	M	Direct
Common Stock	Disposition	2016-12-08	20,000	$36.37	108,140	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	5	G	Direct
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	Nq Stock Options	Disposition	2016-12-07	40,000	$0.00	40,000	$30.33
Common Stock	Nq Stock Options	Disposition	2016-12-08	20,000	$0.00	20,000	$30.33

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
80,000		2017-10-15	No	4	M	Direct
60,000		2017-10-15	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	50,850	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		2025-10-15	6,444	6,444	Direct
Common Stock	Restricted Stock Units	$0.00		2024-10-15	5,222	5,222	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2025-10-15	6,444	6,444	Direct
2024-10-15	5,222	5,222	Direct

Footnotes

This transaction was executed in multiple trades at prices ranging from $35.00 to $35.45. 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.
Reporting person made a gift of Team, Inc. shares to a charitable organization.
This transaction was executed in multiple trades at prices ranging from $36.15 to $36.70. 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.
Options are fully vested.
Stock Units convert on a 1-for-1 basis into shares of Team Common Stock.
Stock Units vest 25% on 10/15/2016, 10/15/2017, 10/15/2018 and 10/15/2019, 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 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.