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