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