TEAM INC — Director's Dealing 2016

Mar 3, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TEAM INC (TISI)
CIK: 0000318833
Period of Report: 2016-02-29

Reporting Person: Davis Jeffery Gerald (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-29	Common Stock	A	5590	—	Acquired	5590	Direct

Footnotes

F1: Received in exchange for 26,000 shares of Furmanite Corporation common stock in connection with the consummation of the merger of Furmanite Corporation into a wholly-owned subsidiary of Team, Inc. (the "Merger"). As contemplated by the Agreement and Plan of Merger, dated November 1, 2015, by and among Furmanite Corporation, Team, Inc. and TFA, Inc., each share of Furmanite Corporation common stock was converted into the right to receive 0.215 shares of Team, Inc. common stock. On the effective date of the Merger, the closing price of Furmanite Corporation common stock was $5.58 per share and the closing price of Team, Inc. common stock was $25.63 per share.