AI assistant
TEAM INC — Director's Dealing 2011
Feb 11, 2011
34287_dirs_2011-02-11_db023335-dbad-4968-9ec3-d639103684a9.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TEAM INC (TISI)
CIK: 0000318833
Period of Report: 2011-02-10
Reporting Person: KEARNS JOHN P (Sr. Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-02-10 | Common Stock | M | 20000 | $1.95 | Acquired | 23996 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-02-10 | Iso Stock Options | $1.95 | M | 20000 | Disposed | 2011-07-20 | Common Stock (20000) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | 2020-10-15 | Common Stock (6724) | 6724 | Direct |
| 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 (20000) | 20000 | Direct |
| Nq Stock Options | $9.23 | 2015-08-12 | Common Stock (128) | 128 | Direct |
| Iso Stock Options | $9.23 | 2015-08-12 | Common Stock (29872) | 29872 | Direct |
| Iso Stock Options | $7.84 | 2014-06-24 | Common Stock (16000) | 16000 | Direct |
| Iso Stock Options | $4.13 | 2013-06-26 | Common Stock (8000) | 8000 | Direct |
| Iso Stock Options | $4.50 | 2012-06-27 | Common Stock (4000) | 4000 | Direct |
Footnotes
F1: Stock Units convert on a 1-for-1 basis into shares of Team Common Stock.
F2: Options are fully vested.
F3: 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.
F4: 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.
F5: 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.
F6: Vesting 25% on each of the first 4 anniversaries following the date of issue.