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