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TEAM INC — Director's Dealing 2015
Aug 12, 2015
34287_dirs_2015-08-12_c8e57f32-8276-4b20-a274-1e550c4b98eb.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: 2015-08-11
Reporting Person: Wallace Peter W Jr (President, Mechanical Services)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-08-11 | Common Stock | S | 4310 | $46.7576 | Disposed | 20973 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 5081 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | 2024-10-15 | Common Stock (6056) | 6056 | Direct |
| 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 |
Footnotes
F1: This transaction was executed in multiple trades at prices ranging from $46.55 to $46.9479. 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: Stock Units convert on a 1-for-1 basis into shares of Team Common Stock.
F3: Stock Units vest 25% on 11/4/2015, 10/15/2016, 10/15/2017 and 10/15/2018, 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.