AI assistant
TEAM INC — Director's Dealing 2015
Apr 14, 2015
34287_dirs_2015-04-14_d286c64a-8bad-4091-afdb-a6b4819cfa9b.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TEAM INC (TISI)
CIK: 0000318833
Period of Report: 2015-04-10
Reporting Person: OWEN TED W (President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-04-10 | Common Stock | M | 10010 | $9.23 | Acquired | 44150 | Direct |
| 2015-04-10 | Common Stock | M | 6990 | $9.23 | Acquired | 51140 | Direct |
| 2015-04-10 | Common Stock | S | 8500 | $38.794 | Disposed | 42640 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-04-10 | Nq Stock Options | $9.23 | M | 10010 | Disposed | 2015-08-12 | Common Stock (10010) | Direct |
| 2015-04-10 | Iso Stock Options | $9.23 | M | 6990 | Disposed | 2015-08-12 | Common Stock (6990) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2665 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | 2024-10-15 | Common Stock (8484) | 8484 | 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 |
| 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 |
Footnotes
F1: This transaction was executed in multiple trades at prices ranging from $38.75 to $38.91. 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: Options are fully vested.
F4: Stock Units convert on a 1-for-1 basis into shares of Team Common Stock.
F5: 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.
F6: 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.
F7: 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.
F8: 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.