0001127602-12-034337.txt : 20121218 0001127602-12-034337.hdr.sgml : 20121218 20121218152731 ACCESSION NUMBER: 0001127602-12-034337 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20121217 FILED AS OF DATE: 20121218 DATE AS OF CHANGE: 20121218 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: HAWK PHILIP J CENTRAL INDEX KEY: 0001095235 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08604 FILM NUMBER: 121271240 MAIL ADDRESS: STREET 1: 200 HERMANN DR STREET 2: PO BOX 123 CITY: ALVIN STATE: TX ZIP: 77512 4 1 form4.xml PRIMARY DOCUMENT X0306 4 2012-12-17 0000318833 TEAM INC TISI 0001095235 HAWK PHILIP J 200 HERMANN DR ALVIN TX 77511 1 1 CEO Common Stock 2012-11-20 5 G 0 E 200000 0 D 156637 D Common Stock 2012-11-20 5 G 0 E 200000 0 A 200000 I Family Ltd Partnership Common Stock 2012-12-17 4 S 0 155160 37.99 D 1477 D Common Stock 2012-12-17 4 P 0 155160 37.99 A 355160 I Family Ltd Partnership Restricted Stock Units 2022-10-15 Common Stock 19003 19003 D Restricted Stock Units 2021-10-14 Common Stock 17886 17886 D Restricted Stock Units 2020-10-15 Common Stock 12451 12451 D Restricted Stock Units 2019-10-14 Common Stock 7612 7612 D Nq Stock Options 30.33 2017-10-15 Common Stock 120000 120000 D Nq Stock Options 15.27 2016-10-17 Common Stock 120000 120000 D Nq Stock Options 13.28 2016-01-17 Common Stock 100000 100000 D Nq Stock Options 9.63 2015-08-17 Common Stock 46000 46000 D Nq Stock Options 9.23 2015-08-12 Common Stock 40000 40000 D Iso Stock Options 9.43 2015-05-13 Common Stock 4000 4000 D Iso Stock Options 9.57 2015-05-12 Common Stock 10000 10000 D Iso Stock Options 9.69 2015-05-11 Common Stock 10000 10000 D The reporting person transferred these shares to a Family Limited Partnership of which the reporting person is a general partner. Stock Units convert on a 1-for-1 basis into shares of Team Common Stock. Upon achievement of the annual performance goal established by the Compensation Committee, the Performance-Based Stock Units vest in 25% installments 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 upon achievement of the performance goal in accordance with the respective time vesting schedule. Upon achievement of the annual performance goal established by the Compensation Committee, the Performance-Based Stock Units vest in 25% installments 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 upon achievement of the performance goal in accordance with the respective time vesting schedule. Upon achievement of the annual performance goal established by the Compensation Committee, the Performance-Based Stock Units vest in 25% installments 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 upon achievement of the performance goal in accordance with the respective time vesting schedule. Upon achievement of the annual performance goal established by the Compensation Committee, the Performance-Based Stock Units vest in 25% installments 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 upon achievement of the performance goal in accordance with the respective time vesting schedule. Options are fully vested. /s/ Philip J. Hawk 2012-12-18