0000318833-20-000123.txt : 20201117
0000318833-20-000123.hdr.sgml : 20201117
20201117161121
ACCESSION NUMBER: 0000318833-20-000123
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20201115
FILED AS OF DATE: 20201117
DATE AS OF CHANGE: 20201117
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Gatti Amerino
CENTRAL INDEX KEY: 0001675255
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08604
FILM NUMBER: 201321258
MAIL ADDRESS:
STREET 1: 13131 DAIRY ASHFORD
STREET 2: SUITE 600
CITY: SUGAR LAND
STATE: TX
ZIP: 77478
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: TEAM INC
CENTRAL INDEX KEY: 0000318833
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS REPAIR SERVICES [7600]
IRS NUMBER: 741765729
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 13131 DAIRY ASHFORD
STREET 2: SUITE 600
CITY: SUGAR LAND
STATE: TX
ZIP: 77478
BUSINESS PHONE: 2813316154
MAIL ADDRESS:
STREET 1: 13131 DAIRY ASHFORD
STREET 2: SUITE 600
CITY: SUGAR LAND
STATE: TX
ZIP: 77478
4
1
wf-form4_160564746873875.xml
FORM 4
X0306
4
2020-11-15
0
0000318833
TEAM INC
TISI
0001675255
Gatti Amerino
13131 DAIRY ASHFORD, SUITE 600
SUGAR LAND
TX
77478
1
1
0
0
Chairman & CEO
Common Stock
2020-11-15
4
M
0
3367
0
A
95750
D
Common Stock
2020-11-15
4
M
0
7444
0
A
103194
D
Restricted Stock Units
2020-11-15
4
A
0
63077
0
A
2030-11-15
Common Stock
63077.0
63077
D
Restricted Stock Units
2020-11-15
4
M
0
3367
0
D
2028-11-15
Common Stock
3367.0
13291
D
Restricted Stock Units
2020-11-15
4
F
0
2186
0
D
2028-11-15
Common Stock
2186.0
11105
D
Restricted Stock Units
2020-11-15
4
M
0
7444
0
D
2029-11-15
Common Stock
7444.0
41658
D
Restricted Stock Units
2020-11-15
4
F
0
4831
0
D
2029-11-15
Common Stock
4831.0
36827
D
Represents vesting of Restricted Stock Units and conversion to Team Common Stock.
Stock Units convert on a 1-for-1 basis into shares of Team Common Stock.
Stock Units vest one-third on 11/15/2021, 11/15/2022 and 11/15/2023, 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.
Represents the portion of Stock Units withheld for income taxes prior to settlement in Common Stock.
Stock Units vest 25% on 11/15/2019, 11/15/2020, 11/15/2021 and 11/15/2022, 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.
Stock Units vest 25% on 11/15/20, 11/15/21, 11/15/22 and 11/15/23, 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.
/s/ Amerino Gatti
2020-11-17