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