0001127602-16-065224.txt : 20161025
0001127602-16-065224.hdr.sgml : 20161025
20161025165524
ACCESSION NUMBER: 0001127602-16-065224
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20161015
FILED AS OF DATE: 20161025
DATE AS OF CHANGE: 20161025
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: BOANE GREG L
CENTRAL INDEX KEY: 0001236475
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08604
FILM NUMBER: 161950866
MAIL ADDRESS:
STREET 1: 13131 DAIRY ASHFORD
STREET 2: SUITE 600
CITY: SUGAR LAND
STATE: TX
ZIP: 77478
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2016-10-15
0000318833
TEAM INC
TISI
0001236475
BOANE GREG L
13131 DAIRY ASHFORD, SUITE 600
SUGAR LAND
TX
77478
1
Executive Vice President & CFO
Common Stock
2016-10-15
4
M
0
829
0
A
2908
D
Common Stock
2016-10-15
4
M
0
910
0
A
3818
D
Common Stock
1256
I
401K Plan
Restricted Stock Units
2016-10-15
4
M
0
829
0
D
2024-10-15
Common Stock
829
2598
D
Restricted Stock Units
2016-10-15
4
F
0
313
0
D
2024-10-15
Common Stock
313
2285
D
Restricted Stock Units
2016-10-15
4
M
0
910
0
D
2025-10-15
Common Stock
910
4102
D
Restricted Stock Units
2016-10-15
4
F
0
343
0
D
2025-10-15
Common Stock
343
3759
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 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.
Represents the portion of Stock Units withheld for income taxes prior to settlement in 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.
/s/ Greg L. Boane
2016-10-25