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TEAM INC — Director's Dealing 2014
Nov 6, 2014
34287_dirs_2014-11-06_d54970fd-deb5-4279-8fb8-3724ba9c9fcb.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: 2014-11-04
Reporting Person: OWEN TED W (President)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-11-04 | Restricted Stock Units | $ | A | 8484 | Acquired | 2024-10-15 | Common Stock (0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 34140 | Direct |
| Common Stock | 2713 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | 2023-10-15 | Common Stock (4781) | 4781 | Direct |
| Restricted Stock Units | $ | 2022-10-15 | Common Stock (3527) | 3527 | Direct |
| Restricted Stock Units | $ | 2021-10-14 | Common Stock (2087) | 2087 | Direct |
| Nq Stock Options | $30.33 | 2017-10-15 | Common Stock (24000) | 24000 | Direct |
| Nq Stock Options | $15.27 | 2016-10-17 | Common Stock (20000) | 20000 | Direct |
| Nq Stock Options | $9.23 | 2015-08-12 | Common Stock (10010) | 10010 | Direct |
| Iso Stock Options | $9.23 | 2015-08-12 | Common Stock (13990) | 13990 | 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 11/4/15, 10/15/16, 10/15/17 and 10/15/18, unless earlier terminated in accordance with the Plan. Stock Units will automatically be converted into shares of Common Stock in accordance with the repective vesting schedule.
F4: Stock Units vest 25% on 10/15/2014, 10/15/2015, 10/15/2016 and 10/15/2017, 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 10/15/2013, 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.
F6: 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.
F7: Options are fully vested.