0001127602-16-047102.txt : 20160322 0001127602-16-047102.hdr.sgml : 20160322 20160322110500 ACCESSION NUMBER: 0001127602-16-047102 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160318 FILED AS OF DATE: 20160322 DATE AS OF CHANGE: 20160322 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: 1231 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: 161520278 MAIL ADDRESS: STREET 1: 200 HERMANN DRIVE CITY: ALVIN STATE: TX ZIP: 77511 4 1 form4.xml PRIMARY DOCUMENT X0306 4 2016-03-18 0000318833 TEAM INC TISI 0001402562 Victorson Arthur F 13131 DAIRY ASHFORD, SUITE 600 SUGAR LAND TX 77478 1 President, Insp & Heat Treat Common Stock 2016-03-18 4 S 0 12132 26.93 D 11750 D Common Stock 4738 I 401K Plan Restricted Stock Units 2025-10-15 Common Stock 7876 7876 D Restricted Stock Units 2024-10-15 Common Stock 4896 4896 D Restricted Stock Units 2023-10-15 Common Stock 3187 3187 D Restricted Stock Units 2022-10-15 Common Stock 1506 1506 D This transaction was executed in multiple trades at prices ranging from $26.66 to $27.38. 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. 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 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. 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. /s/ Arthur F. Victorson 2016-03-21