Filing Details
- Accession Number:
- 0001127602-11-029727
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-11-16 11:31:04
- Reporting Period:
- 2011-11-14
- Filing Date:
- 2011-11-16
- Accepted Time:
- 2011-11-16 11:31:04
- 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 | 200 Hermann Drive Alvin TX 77511 | Executive Vice President | 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 | Acquisiton | 2011-11-14 | 7,000 | $7.84 | 15,260 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2011-11-14 | 7,000 | $25.16 | 8,260 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2011-11-14 | 2,000 | $8.20 | 10,260 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2011-11-14 | 2,000 | $25.16 | 8,260 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2011-11-14 | 12,000 | $9.23 | 20,260 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2011-11-14 | 12,000 | $25.16 | 8,260 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2011-11-14 | 7,000 | $15.27 | 15,260 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2011-11-14 | 7,000 | $25.16 | 8,260 | 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 | |
| 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 | Iso Stock Options | Disposition | 2011-11-14 | 7,000 | $0.00 | 7,000 | $7.84 |
| Common Stock | Iso Stock Options | Disposition | 2011-11-14 | 2,000 | $0.00 | 2,000 | $8.20 |
| Common Stock | Iso Stock Options | Disposition | 2011-11-14 | 12,000 | $0.00 | 12,000 | $9.23 |
| Common Stock | Nq Stock Options | Disposition | 2011-11-14 | 7,000 | $0.00 | 7,000 | $15.27 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2014-06-24 | No | 4 | M | Direct | |
| 0 | 2014-11-09 | No | 4 | M | Direct | |
| 0 | 2015-08-12 | No | 4 | M | Direct | |
| 0 | 2016-10-17 | No | 4 | M | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Nq Stock Options | $30.33 | 2017-10-15 | 44,000 | 44,000 | Direct | |
| Common Stock | Restricted Stock Units | $0.00 | 2018-10-15 | 1,688 | 1,688 | Direct | |
| Common Stock | Restricted Stock Units | $0.00 | 2019-10-14 | 4,110 | 4,110 | Direct | |
| Common Stock | Restricted Stock Units | $0.00 | 2020-10-15 | 6,164 | 6,164 | Direct | |
| Common Stock | Restricted Stock Units | $0.00 | 2021-10-14 | 8,347 | 8,347 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2017-10-15 | 44,000 | 44,000 | Direct |
| 2018-10-15 | 1,688 | 1,688 | Direct |
| 2019-10-14 | 4,110 | 4,110 | Direct |
| 2020-10-15 | 6,164 | 6,164 | Direct |
| 2021-10-14 | 8,347 | 8,347 | Direct |
Footnotes
- This transaction was executed in multiple trades at prices ranging from $25.00 to $25.33. 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 10/14/2009, 10/14/2010, 10/14/2011 and 10/15/2012, 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 10/15/2010, 10/15/2011, 10/15/2012 and 10/15/2013, 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 10/15/2011, 10/15/2012, 10/15/2013 and 10/15/2014, 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 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.
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