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TEAM INC — Director's Dealing 2010
Nov 23, 2010
34287_dirs_2010-11-23_fb10f5b4-ec16-46b8-98c9-47894fdad87e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TEAM INC (TISI)
CIK: 0000318833
Period of Report: 2010-11-22
Reporting Person: Victorson Arthur F (Sr. Vice President)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-11-22 | Restricted Stock Units | $ | A | 7471 | Acquired | 2020-10-15 | Common Stock (7471) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3810 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | 2019-10-14 | Common Stock (6166) | 6166 | Direct |
| Restricted Stock Units | $ | 2018-10-15 | Common Stock (3377) | 3377 | Direct |
| Nq Stock Options | $30.33 | 2017-10-15 | Common Stock (24000) | 24000 | Direct |
| Nq Stock Options | $15.27 | 2016-10-17 | Common Stock (9000) | 9000 | Direct |
| Nq Stock Options | $15.97 | 2016-04-12 | Common Stock (18923) | 18923 | Direct |
| Iso Stock Options | $15.97 | 2016-04-12 | Common Stock (11077) | 11077 | Direct |
| Iso Stock Options | $9.23 | 2015-08-12 | Common Stock (5000) | 5000 | Direct |
| Iso Stock Options | $8.20 | 2014-11-09 | Common Stock (5000) | 5000 | Direct |
Footnotes
F1: Stock Units convert on a 1-for-1 basis into shares of Team Common Stock.
F2: 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.
F3: 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.
F4: 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.
F5: Vesting 25% on each of the first 4 anniversaries following the date of issue.
F6: Options are fully vested.