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TEAM INC — Director's Dealing 2013
Jul 11, 2013
34287_dirs_2013-07-11_fd320c1a-fa8e-460e-b41b-6b9c1171a3ea.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: TEAM INC (TISI)
CIK: 0000318833
Period of Report: 2013-07-01
Reporting Person: Ott Jeffrey L (President, Quest Integrity Grp)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 62650 | Indirect |
| Common Stock | 157 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | 2021-10-14 | Common Stock (746) | Direct | |
| Restricted Stock Units | $ | 2022-10-15 | Common Stock (913) | Direct |
Footnotes
F1: 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.
F2: Stock Units convert on a 1-on-1 basis into shares of Team Common Stock.
F3: Stock Units vest 25% on 10/15/2013, 10/15/2014, 10/15/2015 and 10/15/2016, 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.