0001127602-15-029338.txt : 20151019 0001127602-15-029338.hdr.sgml : 20151019 20151019194005 ACCESSION NUMBER: 0001127602-15-029338 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20151015 FILED AS OF DATE: 20151019 DATE AS OF CHANGE: 20151019 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: Wallace Peter W Jr CENTRAL INDEX KEY: 0001402854 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08604 FILM NUMBER: 151165254 MAIL ADDRESS: STREET 1: 200 HERMANN DRIVE CITY: ALVIN STATE: TX ZIP: 77511 4 1 form4.xml PRIMARY DOCUMENT X0306 4 2015-10-15 0000318833 TEAM INC TISI 0001402854 Wallace Peter W Jr 13131 DAIRY ASHFORD, SUITE 600 SUGAR LAND TX 77478 1 President, Mechanical Services Common Stock 2015-10-15 4 M 0 1211 0 A 22184 D Common Stock 2015-10-15 4 M 0 1023 0 A 23207 D Common Stock 2015-10-15 4 M 0 925 0 A 24132 D Common Stock 5122 I 401K Plan Restricted Stock Units 2015-10-15 4 A 0 6645 0 A 2025-10-15 Common Stock 6645 6645 D Restricted Stock Units 2015-10-15 4 M 0 1211 0 D 2021-10-14 Common Stock 1211 876 D Restricted Stock Units 2015-10-15 4 F 0 876 0 D 2021-10-14 Common Stock 876 0 D Restricted Stock Units 2015-10-15 4 M 0 1023 0 D 2022-10-15 Common Stock 1023 2504 D Restricted Stock Units 2015-10-15 4 F 0 740 0 D 2022-10-15 Common Stock 740 1764 D Restricted Stock Units 2015-10-15 4 M 0 925 0 D 2023-10-15 Common Stock 925 3856 D Restricted Stock Units 2015-10-15 4 F 0 669 0 D 2023-10-15 Common Stock 669 3187 D Restricted Stock Units 2024-10-15 Common Stock 6056 6056 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 10/15/2016, 10/15/2017, 10/15/2018 and 10/15/2019, 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. Represents the portion of Stock Units withheld for income taxes prior to settlement in Common Stock. 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 10/15/2014, 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 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. /s/ Peter W. Wallace, Jr. 2015-10-19