TEAM INC — Director's Dealing 2012

Nov 16, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TEAM INC (TISI)
CIK: 0000318833
Period of Report: 2012-11-15

Reporting Person: Lescroart Emmett J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-15	Common Stock	S	12161	$31.343	Disposed	37484	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: The transaction was executed in multiple trades at prices ranging from $31.31 to $31.50. 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: Options are fully vested.