Filing Details
- Accession Number:
- 0001127602-12-001415
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-01-10 14:55:23
- Reporting Period:
- 2012-01-06
- Filing Date:
- 2012-01-10
- Accepted Time:
- 2012-01-10 14:55:23
- 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 |
---|---|---|---|---|---|---|---|
1187994 | W Ted Owen | 200 Hermann Dr Alvin TX 77511 | Executive Vice President & Cfo | 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 | 2012-01-06 | 6,754 | $7.84 | 49,131 | No | 4 | M | Direct | |
Common Stock | Disposition | 2012-01-06 | 1,754 | $30.19 | 47,377 | No | 4 | F | Direct | |
Common Stock | Acquisiton | 2012-01-06 | 10,246 | $7.84 | 57,623 | No | 4 | M | Direct | |
Common Stock | Disposition | 2012-01-06 | 10,246 | $30.19 | 47,377 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | F | 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 | 2012-01-06 | 6,754 | $0.00 | 6,754 | $7.84 |
Common Stock | Iso Stock Options | Disposition | 2012-01-06 | 10,246 | $0.00 | 10,246 | $7.84 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
10,246 | 2014-06-24 | No | 4 | M | Direct | |
0 | 2014-06-24 | No | 4 | M | Direct |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Restricted Stock Units | $0.00 | 2021-10-14 | 8,347 | 8,347 | Direct | |
Common Stock | Restricted Stock Units | $0.00 | 2020-10-15 | 6,164 | 6,164 | Direct | |
Common Stock | Restricted Stock Units | $0.00 | 2019-10-14 | 4,110 | 4,110 | Direct | |
Common Stock | Restricted Stock Units | $0.00 | 2018-10-15 | 1,688 | 1,688 | Direct | |
Common Stock | Nq Stock Options | $30.33 | 2017-10-15 | 24,000 | 24,000 | Direct | |
Common Stock | Nq Stock Options | $15.27 | 2016-10-17 | 20,000 | 20,000 | Direct | |
Common Stock | Nq Stock Options | $9.23 | 2015-08-12 | 10,010 | 10,010 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2021-10-14 | 8,347 | 8,347 | Direct |
2020-10-15 | 6,164 | 6,164 | Direct |
2019-10-14 | 4,110 | 4,110 | Direct |
2018-10-15 | 1,688 | 1,688 | Direct |
2017-10-15 | 24,000 | 24,000 | Direct |
2016-10-17 | 20,000 | 20,000 | Direct |
2015-08-12 | 10,010 | 10,010 | Direct |
Footnotes
- Reflects 1,754 shares withheld by the issuer at the average market price of $30.1947 per share less an exercise price of $7.84 per share to fund the exercise of 6,754 options.
- This transaction was executed in multiple trades at prices ranging from $30.00 to $30.49. 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 10/15/2012, 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.
- 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 10/15/2010, 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 10/14/2009, 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.