0001127602-13-029418.txt : 20131017
0001127602-13-029418.hdr.sgml : 20131017
20131017134606
ACCESSION NUMBER: 0001127602-13-029418
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20131015
FILED AS OF DATE: 20131017
DATE AS OF CHANGE: 20131017
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: 13131 DAIRY ASHFORD
STREET 2: SUITE 600
CITY: SUGAR LAND
STATE: TX
ZIP: 77478
BUSINESS PHONE: 2813316154
MAIL ADDRESS:
STREET 1: 13131 DAIRY ASHFORD
STREET 2: SUITE 600
CITY: SUGAR LAND
STATE: TX
ZIP: 77478
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: 131156103
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
2013-10-15
0000318833
TEAM INC
TISI
0001095235
HAWK PHILIP J
13131 DAIRY ASHFORD, SUITE 600
SUGAR LAND
TX
77478
1
1
CEO
Common Stock
2013-10-15
4
M
0
5530
0
A
7007
D
Common Stock
2013-10-15
4
M
0
4522
0
A
11529
D
Common Stock
2013-10-15
4
M
0
4331
0
A
15860
D
Common Stock
2013-10-15
4
M
0
3450
0
A
19310
D
Common Stock
355160
I
Family Ltd Partnership
Restricted Stock Units
2013-10-15
4
A
0
17171
0
A
2023-10-15
Common Stock
17171
17171
D
Restricted Stock Units
2013-10-15
4
M
0
5530
0
D
2019-10-14
Common Stock
5530
2082
D
Restricted Stock Units
2013-10-15
4
F
0
2082
0
D
2019-10-14
Common Stock
2082
0
D
Restricted Stock Units
2013-10-15
4
M
0
4522
0
D
2020-10-15
Common Stock
4522
7929
D
Restricted Stock Units
2013-10-15
4
F
0
1703
0
D
2020-10-15
Common Stock
1703
6226
D
Restricted Stock Units
2013-10-15
4
M
0
4331
0
D
2021-10-14
Common Stock
4331
13555
D
Restricted Stock Units
2013-10-15
4
F
0
1631
0
D
2021-10-14
Common Stock
1631
11924
D
Restricted Stock Units
2013-10-15
4
M
0
3450
0
D
2022-10-15
Common Stock
3450
15553
D
Restricted Stock Units
2013-10-15
4
F
0
1300
0
D
2022-10-15
Common Stock
1300
14253
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
Represents vesting of restricted Stock Units and conversion to Team Common Stock.
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 10/15/2014, 10/15/2015, 10/15/2016, 10/15/2017, 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.
Represents the portion of Stock Units withheld for income taxes prior to settlement in Common Stock.
Upon achievement of the annual performance goal established by the Compensation Committee, the Performance-Based Stock Units vest in 25% installments on 10/15/2011, 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 10/15/2012, 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 10/15/2013, 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.
Options are fully vested.
/s/ Philip J. Hawk
2013-10-17
EX-24
2
doc1.txt
POWER OF ATTORNEY (PUBLIC):
LIMITED POWER OF ATTORNEY
The undersigned, Philip J. Hawk, hereby constitutes and appoints each
of Andre C. Bouchard and Ted W. Owen, each singly, as the true and lawful
Attorney-In-Fact for the undersigned to exercise the authority and power and do
any and all things necessary or appropriate for and on behalf of the
undersigned, in the judgment of said Attorney-In-Fact,to: (1) prepare, sign,
and file Form 3, Form 4, and Form 5 stock ownership and transaction reports of
and for the undersigned required to be filed with the United States Securities
and Exchange Commission regarding the securities of Team, Inc.; and (2) to do
and perform all and every act and thing whatsoever requisite and necessary to
be done with respect to the authority set forth herein as the undersigned might
do if personally present. This Limited Power of Attorney supersedes and
replaces any and all previous Powers of Attorney granted for this purpose and
any such previous Powers of Attorney are hereby revoked.
The undersigned hereby ratifies and confirms whatsoever said Attorney-In-Fact
shall do by virtue hereof in accordance herewith.
This is a special power of attorney that is coupled with an interest, and
it shall survive any disability, insolvency, and bankruptcy of the under signed.
IN WITNESS WHEREOF, the undersigned has set forth his or her signature
below effective this 17th day of October, 2013.
/s/ Philip J. Hawk
Philip J. Hawk
0386734.01