TEAM INC — Director's Dealing 2012

Oct 16, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TEAM INC (TISI)
CIK: 0000318833
Period of Report: 2012-10-11

Reporting Person: WILLIAMS SIDNEY B (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-10-11	Common Stock	S	18192	$33.0079	Disposed	154827	Direct
2012-10-12	Common Stock	S	12808	$32.2986	Disposed	142019	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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: This transaction was executed in multiple trades at prices ranging from $32.8475 to $33.09. 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.

F2: This transaction was executed in multiple trades at prices ranging from $32.17 to $32.89. 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.

F3: Options are fully vested.