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TEAM INC — Director's Dealing 2014
Oct 28, 2014
34287_dirs_2014-10-28_626b4270-581b-455a-849d-763e9cca4161.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: 2014-10-28
Reporting Person: Bouchard Andre C (Sr. Vice Pres. & Gen. Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-10-28 | Common Stock | S | 2376 | $41.0785 | Disposed | 19877 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1146 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | 2023-10-15 | Common Stock (3813) | 3813 | Direct |
| Restricted Stock Units | $ | 2022-10-15 | Common Stock (2676) | 2676 | Direct |
| Restricted Stock Units | $ | 2021-10-14 | Common Stock (1590) | 1590 | Direct |
| Nq Stock Options | $31.75 | 2018-01-17 | Common Stock (15000) | 15000 | Direct |
Footnotes
F1: The transaction was executed in multiple trades at prices ranging from $41.00 to $41.18. 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: Represents estimated shares held in 401K Plan.
F3: Stock Units convert on a 1-for-1 basis into shares of Team Common Stock.
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.