0001127602-14-001812.txt : 20140113 0001127602-14-001812.hdr.sgml : 20140113 20140113161819 ACCESSION NUMBER: 0001127602-14-001812 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140110 FILED AS OF DATE: 20140113 DATE AS OF CHANGE: 20140113 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: 14524629 MAIL ADDRESS: STREET 1: 200 HERMANN DRIVE CITY: ALVIN STATE: TX ZIP: 77511 4 1 form4.xml PRIMARY DOCUMENT X0306 4 2014-01-10 0000318833 TEAM INC TISI 0001402562 Victorson Arthur F 13131 DAIRY ASHFORD, SUITE 600 SUGAR LAND TX 77478 1 President, Insp & Heat Treat Common Stock 2014-01-10 4 M 0 24000 30.33 A 41029 D Common Stock 2014-01-10 4 S 0 24000 47.464 D 17029 D Common Stock 4836 I 401K Plan Nq Stock Options 30.33 2014-01-10 4 M 0 24000 0 D 2017-10-15 Common Stock 24000 0 D Restricted Stock Units 2023-10-15 Common Stock 6374 6374 D Restricted Stock Units 2022-10-15 Common Stock 4516 4516 D Restricted Stock Units 2021-10-14 Common Stock 3578 3578 D Restricted Stock Units 2020-10-15 Common Stock 1868 1868 D This transaction was executed in multiple trades at prices ranging from $47.35 - $47.65. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. Represents estimated shares held in 401K Plan. Options are fully vested. 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 10/15/2013, 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 10/15/2012, 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 10/15/2011, 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. /s/ Arthur F. Victorson 2014-01-13