TEAM INC — Director's Dealing 2009

Aug 11, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TEAM INC (TISI)
CIK: 0000318833
Period of Report: 2009-08-07

Reporting Person: Lescroart Emmett J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-08-07	Common Stock	S	5000	$17.0174	Disposed	25203	Direct
2009-08-07	Common Stock	S	5000	$17.1637	Disposed	20203	Direct
2009-08-07	Common Stock	S	5000	$17.2397	Disposed	15203	Direct
2009-08-07	Common Stock	S	5000	$17.0201	Disposed	10203	Direct
2009-08-07	Common Stock	S	5000	$17.0081	Disposed	5203	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Options	$7.70	2014-08-11	Common Stock (35000)	35000	Direct
Director Stock Options	$8.08	2014-09-23	Common Stock (30000)	30000	Direct
Director Stock Options	$27.72	2017-09-27	Common Stock (30000)	30000	Direct

Footnotes

F1: Options are fully vested.

F2: 10,000 Exercisable on 9/27/07, 10,000 Exercisable on 9/27/08, 10,000 Exercisable on 9/27/09.