0001127602-11-029727.txt : 20111116 0001127602-11-029727.hdr.sgml : 20111116 20111116113104 ACCESSION NUMBER: 0001127602-11-029727 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20111114 FILED AS OF DATE: 20111116 DATE AS OF CHANGE: 20111116 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Wallace Peter W Jr CENTRAL INDEX KEY: 0001402854 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08604 FILM NUMBER: 111209151 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 X0304 4 2011-11-14 0000318833 TEAM INC TISI 0001402854 Wallace Peter W Jr 200 HERMANN DRIVE ALVIN TX 77511 1 Executive Vice President Common Stock 2011-11-14 4 M 0 7000 7.84 A 15260 D Common Stock 2011-11-14 4 S 0 7000 25.16 D 8260 D Common Stock 2011-11-14 4 M 0 2000 8.20 A 10260 D Common Stock 2011-11-14 4 S 0 2000 25.16 D 8260 D Common Stock 2011-11-14 4 M 0 12000 9.23 A 20260 D Common Stock 2011-11-14 4 S 0 12000 25.16 D 8260 D Common Stock 2011-11-14 4 M 0 7000 15.27 A 15260 D Common Stock 2011-11-14 4 S 0 7000 25.16 D 8260 D Iso Stock Options 7.84 2011-11-14 4 M 0 7000 0 D 2014-06-24 Common Stock 7000 0 D Iso Stock Options 8.20 2011-11-14 4 M 0 2000 0 D 2014-11-09 Common Stock 2000 0 D Iso Stock Options 9.23 2011-11-14 4 M 0 12000 0 D 2015-08-12 Common Stock 12000 0 D Nq Stock Options 15.27 2011-11-14 4 M 0 7000 0 D 2016-10-17 Common Stock 7000 0 D Nq Stock Options 30.33 2017-10-15 Common Stock 44000 44000 D Restricted Stock Units 2018-10-15 Common Stock 1688 1688 D Restricted Stock Units 2019-10-14 Common Stock 4110 4110 D Restricted Stock Units 2020-10-15 Common Stock 6164 6164 D Restricted Stock Units 2021-10-14 Common Stock 8347 8347 D This transaction was executed in multiple trades at prices ranging from $25.00 to $25.33. 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. Options are fully vested. 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. 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. Stock Units vest 25% on 10/15/2011, 10/15/2012, 10/15/2013 and 10/15/2014, 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 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. /s/ Peter W. Wallace, Jr. 2011-11-16