0001127602-12-001415.txt : 20120110
0001127602-12-001415.hdr.sgml : 20120110
20120110145523
ACCESSION NUMBER: 0001127602-12-001415
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120106
FILED AS OF DATE: 20120110
DATE AS OF CHANGE: 20120110
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: OWEN TED W
CENTRAL INDEX KEY: 0001187994
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08604
FILM NUMBER: 12519884
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
2012-01-06
0000318833
TEAM INC
TISI
0001187994
OWEN TED W
200 HERMANN DR
ALVIN
TX
77511
1
Executive Vice President & CFO
Common Stock
2012-01-06
4
M
0
6754
7.84
A
49131
D
Common Stock
2012-01-06
4
F
0
1754
30.1947
D
47377
D
Common Stock
2012-01-06
4
M
0
10246
7.84
A
57623
D
Common Stock
2012-01-06
4
S
0
10246
30.1947
D
47377
D
Iso Stock Options
7.84
2012-01-06
4
M
0
6754
0
D
2014-06-24
Common Stock
6754
10246
D
Iso Stock Options
7.84
2012-01-06
4
M
0
10246
0
D
2014-06-24
Common Stock
10246
0
D
Restricted Stock Units
2021-10-14
Common Stock
8347
8347
D
Restricted Stock Units
2020-10-15
Common Stock
6164
6164
D
Restricted Stock Units
2019-10-14
Common Stock
4110
4110
D
Restricted Stock Units
2018-10-15
Common Stock
1688
1688
D
Nq Stock Options
30.33
2017-10-15
Common Stock
24000
24000
D
Nq Stock Options
15.27
2016-10-17
Common Stock
20000
20000
D
Nq Stock Options
9.23
2015-08-12
Common Stock
10010
10010
D
Reflects 1,754 shares withheld by the issuer at the average market price of $30.1947 per share less an exercise price of $7.84 per share to fund the exercise of 6,754 options.
This transaction was executed in multiple trades at prices ranging from $30.00 to $30.49. 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 10/15/2012, 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.
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 10/15/2010, 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 10/14/2009, 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.
/s/ Ted W. Owen
2012-01-10