Filing Details
- Accession Number:
- 0001127602-16-070149
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-12-15 17:09:27
- Reporting Period:
- 2016-12-13
- Filing Date:
- 2016-12-15
- Accepted Time:
- 2016-12-15 17:09:27
- 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 | 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 | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2016-12-13 | 4,870 | $30.33 | 113,010 | No | 4 | M | Direct | |
Common Stock | Disposition | 2016-12-13 | 4,870 | $37.01 | 108,140 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2016-12-14 | 4,615 | $30.33 | 112,755 | No | 4 | M | Direct | |
Common Stock | Disposition | 2016-12-14 | 4,615 | $36.40 | 108,140 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2016-12-15 | 20,515 | $30.33 | 128,655 | No | 4 | M | Direct | |
Common Stock | Disposition | 2016-12-15 | 20,515 | $35.90 | 108,140 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 4 | M | Direct | |
No | 4 | S | 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 | 2016-12-13 | 4,870 | $0.00 | 4,870 | $30.33 |
Common Stock | Nq Stock Options | Disposition | 2016-12-14 | 4,615 | $0.00 | 4,615 | $30.33 |
Common Stock | Nq Stock Options | Disposition | 2016-12-15 | 20,515 | $0.00 | 20,515 | $30.33 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
55,130 | 2017-10-15 | No | 4 | M | Direct | |
50,515 | 2017-10-15 | No | 4 | M | Direct | |
30,000 | 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 $37.00 to $37.15. 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.
- This transaction was executed in multiple trades at prices ranging from $35.70 to $36.15. 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.