-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, BfyPFBDMQoacdm285ebmGybvOahyfeVxnLGUkdy6pBalIpr2GedTLSJlOdmcBkmt lyrKLZPK0Ui6qUrIcqtOIQ== 0001127602-10-025597.txt : 20101018 0001127602-10-025597.hdr.sgml : 20101018 20101018210652 ACCESSION NUMBER: 0001127602-10-025597 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20101014 FILED AS OF DATE: 20101018 DATE AS OF CHANGE: 20101018 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Palmore David C CENTRAL INDEX KEY: 0001402534 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08604 FILM NUMBER: 101128977 MAIL ADDRESS: STREET 1: 200 HERMANN DRIVE CITY: ALVIN STATE: TX ZIP: 77511 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: TX FISCAL YEAR END: 0531 BUSINESS ADDRESS: STREET 1: 200 HERMANN DRIVE CITY: ALVIN STATE: TX ZIP: 77056 BUSINESS PHONE: 2813316154 MAIL ADDRESS: STREET 1: 1019 SOUTH HOOD STREET CITY: ALVIN STATE: TX ZIP: 77551 4 1 form4.xml PRIMARY DOCUMENT X0303 4 2010-10-14 0000318833 TEAM INC TISI 0001402534 Palmore David C 200 HERMANN DR ALVIN TX 77511 1 Sr. Vice President Common Stock 2010-10-14 4 M 0 1242 0 A 2484 D Common Stock 2010-10-15 4 M 0 1512 0 A 3996 D Restricted Stock Units 2010-10-14 4 M 0 1242 0 D 2018-10-15 Common Stock 1242 3824 D Restricted Stock Units 2010-10-14 4 F 0 447 0 D 2018-10-15 Common Stock 0 3377 D Restricted Stock Units 2010-10-15 4 M 0 1512 0 D 2019-10-14 Common Stock 1512 6710 D Restricted Stock Units 2010-10-15 4 F 0 544 0 D 2019-10-14 Common Stock 0 6166 D Iso Stock Options 8.43 2015-01-28 Common Stock 5000 5000 D Iso Stock Options 9.23 2015-08-12 Common Stock 15738 15738 D Nq Stock Options 9.23 2015-08-12 Common Stock 4262 4262 D Nq Stock Options 15.27 2016-10-17 Common Stock 20000 20000 D Nq Stock Options 30.33 2017-10-15 Common Stock 24000 24000 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 25% on 10/14/2009, 10/14/2010, 10/14/2011 and 10/15/2012, 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 10/15/2010, 10/15/2011, 10/15/2012 and 10/15/2013, 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. Options are fully vested. Vesting 25% on each of the first 4 anniversaries following the date of issue. /s/ David C. Palmore 2010-10-18 -----END PRIVACY-ENHANCED MESSAGE-----