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