Filing Details

Accession Number:
0001127602-18-035732
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-12-10 17:49:48
Reporting Period:
2018-12-07
Accepted Time:
2018-12-10 17:49:48
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
1423734 C Andre Bouchard 13131 Dairy Ashford
Sugar Land TX 77478
Exec Vp & Chief Legal Officer 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 2018-12-07 2,911 $17.00 33,722 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 2,148 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 2025-10-15 1,432 1,432 Direct
Common Stock Restricted Stock Units $0.00 2026-11-15 3,057 3,057 Direct
Common Stock Restricted Stock Units $0.00 2027-11-15 11,495 11,495 Direct
Common Stock Restricted Stock Units $0.00 2028-11-15 11,105 11,105 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2025-10-15 1,432 1,432 Direct
2026-11-15 3,057 3,057 Direct
2027-11-15 11,495 11,495 Direct
2028-11-15 11,105 11,105 Direct
Footnotes
  1. This transaction was executed in multiple trades at prices ranging from $17.00 to $17.05. 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 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 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.
  4. Stock Units vest 25% on 11/15/2017, 11/15/2018, 11/15/2019 and 11/15/2020, 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 11/15/2018, 11/15/2019, 11/15/2020 and 11/15/2021, 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 11/15/2019, 11/15/2020, 11/15/2021 and 11/15/2022, 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.