0001127602-15-016469.txt : 20150506
0001127602-15-016469.hdr.sgml : 20150506
20150506165220
ACCESSION NUMBER: 0001127602-15-016469
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150505
FILED AS OF DATE: 20150506
DATE AS OF CHANGE: 20150506
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: 15837649
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
2015-05-05
0000318833
TEAM INC
TISI
0001095235
HAWK PHILIP J
13131 DAIRY ASHFORD, SUITE 600
SUGAR LAND
TX
77478
1
1
Executive Chairman
Common Stock
2015-05-05
5
G
0
E
25477
0
D
30155
D
Common Stock
200160
I
Family Ltd Partnership
Restricted Stock Units
2024-10-15
Common Stock
10443
10443
D
Restricted Stock Units
2023-10-15
Common Stock
12879
12879
D
Restricted Stock Units
2022-10-15
Common Stock
9502
9502
D
Restricted Stock Units
2021-10-14
Common Stock
5962
5962
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
Reporting person made a gift of Team, Inc. shares to a charitable organization.
Stock Units convert on a 1-for-1 basis into shares of Team Common Stock.
Stock Units vest 25% on 11/4/2015, 10/15/2016, 10/15/2017 and 10/15/2018, unless earlier terminated in accordance with the Plan. Stock Units will automatically be converted into shares of Common Stock in accordance with the repective vesting schedule.
Upon achievement of the annual performance goal established by the Compensation Committee, the Performance-Based Stock Units vest in 25% installments on 10/15/2014, 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 10/15/2013, 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.
Options are fully vested.
/s/ Philip J. Hawk
2015-05-06