0001127602-12-028825.txt : 20121017
0001127602-12-028825.hdr.sgml : 20121017
20121017184347
ACCESSION NUMBER: 0001127602-12-028825
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: Palmore David C
CENTRAL INDEX KEY: 0001402534
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08604
FILM NUMBER: 121149273
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
X0306
4
2012-10-15
0000318833
TEAM INC
TISI
0001402534
Palmore David C
200 HERMANN DR
ALVIN
TX
77511
1
Sr. Vice President
Common Stock
2012-10-15
4
M
0
1241
0
A
9227
D
Common Stock
2012-10-15
4
M
0
1511
0
A
10738
D
Common Stock
2012-10-15
4
M
0
1236
0
A
11974
D
Common Stock
2012-10-15
4
M
0
1205
0
A
13179
D
Common Stock
5830
I
401K Plan
Restricted Stock Units
2012-10-15
4
A
0
5565
0
A
2022-10-15
Common Stock
5565
5565
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
1205
0
D
2021-10-14
Common Stock
1205
5354
D
Restricted Stock Units
2012-10-15
4
F
0
434
0
D
2021-10-14
Common Stock
434
4920
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
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.
Option are fully vested.
/s/ David C. Palmore
2012-10-17