0001127602-13-029457.txt : 20131017 0001127602-13-029457.hdr.sgml : 20131017 20131017165306 ACCESSION NUMBER: 0001127602-13-029457 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: Victorson Arthur F CENTRAL INDEX KEY: 0001402562 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08604 FILM NUMBER: 131156983 MAIL ADDRESS: STREET 1: 200 HERMANN DRIVE CITY: ALVIN STATE: TX ZIP: 77511 4 1 form4.xml PRIMARY DOCUMENT X0306 4 2013-10-15 0000318833 TEAM INC TISI 0001402562 Victorson Arthur F 13131 DAIRY ASHFORD, SUITE 600 SUGAR LAND TX 77478 1 President, Insp & Heat Treat Common Stock 2013-10-15 4 M 0 1166 0 A 14100 D Common Stock 2013-10-15 4 M 0 1060 0 A 15160 D Common Stock 2013-10-15 4 M 0 1015 0 A 16175 D Common Stock 2013-10-15 4 M 0 854 0 A 17029 D Common Stock 4836 I 401K Plan Restricted Stock Units 2013-10-15 4 A 0 6374 0 A 2023-10-15 Common Stock 6374 6374 D Restricted Stock Units 2013-10-15 4 M 0 1166 0 D 2019-10-14 Common Stock 1166 889 D Restricted Stock Units 2013-10-15 4 F 0 889 0 D 2019-10-14 Common Stock 889 0 D Restricted Stock Units 2013-10-15 4 M 0 1060 0 D 2020-10-15 Common Stock 1060 2676 D Restricted Stock Units 2013-10-15 4 F 0 808 0 D 2020-10-15 Common Stock 808 1868 D Restricted Stock Units 2013-10-15 4 M 0 1015 0 D 2021-10-14 Common Stock 1015 4352 D Restricted Stock Units 2013-10-15 4 F 0 774 0 D 2021-10-14 Common Stock 774 3578 D Restricted Stock Units 2013-10-15 4 M 0 854 0 D 2022-10-15 Common Stock 854 5167 D Restricted Stock Units 2013-10-15 4 F 0 651 0 D 2022-10-15 Common Stock 651 4516 D Nq Stock Options 30.33 2017-10-15 Common Stock 24000 24000 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 10/15/2014, 10/15/2015, 10/15/2016 and 10/15/2017, 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 10/15/2010, 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. Represents the portion of Stock Units withheld for income taxes prior to settlement in Common Stock. 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. 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. Options are fully vested. /s/ Arthur F. Victorson 2013-10-17 EX-24 2 doc1.txt POWER OF ATTORNEY (PUBLIC): LIMITED POWER OF ATTORNEY The undersigned, Arthur F. Victorson, hereby constitutes and appoints each of Philip J. Hawk, 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/ Arthur F. Victorson Arthur F. Victorson 0386734.01