0001127602-12-028809.txt : 20121017 0001127602-12-028809.hdr.sgml : 20121017 20121017174846 ACCESSION NUMBER: 0001127602-12-028809 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20121015 FILED AS OF DATE: 20121017 DATE AS OF CHANGE: 20121017 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: KEARNS JOHN P CENTRAL INDEX KEY: 0001186335 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08604 FILM NUMBER: 121149167 MAIL ADDRESS: STREET 1: 200 HERMANN DR 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 X0306 4 2012-10-15 0000318833 TEAM INC TISI 0001186335 KEARNS JOHN P 200 HERMANN DR ALVIN TX 77511 1 Sr. Vice President Common Stock 2012-10-15 4 M 0 1241 0 A 23227 D Common Stock 2012-10-15 4 M 0 1511 0 A 24738 D Common Stock 2012-10-15 4 M 0 1236 0 A 25974 D Common Stock 2012-10-15 4 M 0 1169 0 A 27143 D Common Stock 6981 I 401K Plan Restricted Stock Units 2012-10-15 4 A 0 5352 0 A 2022-10-15 Common Stock 5352 5352 D Restricted Stock Units 2012-10-15 4 M 0 1241 0 D 2018-10-15 Common Stock 1241 447 D Restricted Stock Units 2012-10-15 4 F 0 447 0 D 2018-10-15 Common Stock 447 0 D Restricted Stock Units 2012-10-15 4 M 0 1511 0 D 2019-10-14 Common Stock 1511 2599 D Restricted Stock Units 2012-10-15 4 F 0 544 0 D 2019-10-14 Common Stock 544 2055 D Restricted Stock Units 2012-10-15 4 M 0 1236 0 D 2020-10-15 Common Stock 1236 3807 D Restricted Stock Units 2012-10-15 4 F 0 445 0 D 2020-10-15 Common Stock 445 3362 D Restricted Stock Units 2012-10-15 4 M 0 1169 0 D 2021-10-14 Common Stock 1169 5191 D Restricted Stock Units 2012-10-15 4 F 0 421 0 D 2021-10-14 Common Stock 421 4770 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 128 128 D Iso Stock Options 9.23 2015-08-12 Common Stock 29872 29872 D Iso Stock Options 7.84 2014-06-24 Common Stock 16000 16000 D Iso Stock Options 4.13 2013-06-26 Common Stock 8000 8000 D Represents vesting of restricted Stock Units and conversion to Team Common Stock. Represents estimated shares held in 401K Plan. Stock Units convert on a 1-for-1 basis into shares of Team Common Stock. Stock Units vest 25% on 10/15/2013, 10/15/2014, 10/15/2015 and 10/15/2016, 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. 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. 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. Options are fully vested. /s/ John P. Kearns 2012-10-17