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TEAM INC — Director's Dealing 2013
Feb 7, 2013
34287_dirs_2013-02-07_3747e688-5f65-4b17-83b3-a2ab2140f0c1.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TEAM INC (TISI)
CIK: 0000318833
Period of Report: 2013-02-06
Reporting Person: Palmore David C (Sr. Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-02-06 | Common Stock | S | 2217 | $45.10 | Disposed | 3613 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 13179 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | 2022-10-15 | Common Stock (5565) | 5565 | Direct |
| Restricted Stock Units | $ | 2021-10-14 | Common Stock (4920) | 4920 | Direct |
| Restricted Stock Units | $ | 2020-10-15 | Common Stock (3362) | 3362 | Direct |
| Restricted Stock Units | $ | 2019-10-14 | Common Stock (2055) | 2055 | Direct |
| Nq Stock Options | $30.33 | 2017-10-15 | Common Stock (24000) | 24000 | Direct |
Footnotes
F1: Represents estimated shares held in 401K Plan.
F2: Stock Units convert on a 1-for-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.
F4: 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.
F5: 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.
F6: 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.
F7: Option are fully vested.