TEAM INC — Director's Dealing 2012

May 2, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TEAM INC (TISI)
CIK: 0000318833
Period of Report: 2012-05-01

Reporting Person: Bouchard Andre C (Sr. Vice Pres. & Gen. Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-05-01	Common Stock	W	150	—	Acquired	10911	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$	2021-10-14	Common Stock (6360)	6360	Direct
Restricted Stock Units	$	2020-10-15	Common Stock (5043)	5043	Direct
Restricted Stock Units	$	2019-10-14	Common Stock (4110)	4110	Direct
Restricted Stock Units	$	2018-10-15	Common Stock (1688)	1688	Direct
Nq Stock Options	$31.75	2018-01-17	Common Stock (25000)	25000	Direct

Footnotes

F1: Stock Units convert on a 1-for-1 basis into shares of Team Common Stock.

F2: Stock Units vest 25% on 10/15/2012, 10/15/2013, 10/15/2014, and 10/15/2015, 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 10/15/2011, 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: Options are fully vested.