0001127602-16-065228.txt : 20161025 0001127602-16-065228.hdr.sgml : 20161025 20161025172815 ACCESSION NUMBER: 0001127602-16-065228 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: OWEN TED W CENTRAL INDEX KEY: 0001187994 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08604 FILM NUMBER: 161951106 4 1 form4.xml PRIMARY DOCUMENT X0306 4 2016-10-15 0000318833 TEAM INC TISI 0001187994 OWEN TED W 13131 DAIRY ASHFORD, SUITE 600 SUGAR LAND TX 77478 1 1 President & CEO Common Stock 2016-10-15 4 M 0 1281 0 A 55311 D Common Stock 2016-10-15 4 M 0 1157 0 A 56468 D Common Stock 2016-10-15 4 M 0 1540 0 A 58008 D Common Stock 2016-10-15 4 M 0 1820 0 A 59828 D Restricted Stock Units 2016-10-15 4 M 0 1281 0 D 2022-10-15 Common Stock 1281 483 D Restricted Stock Units 2016-10-15 4 F 0 483 0 D 2022-10-15 Common Stock 483 0 D Restricted Stock Units 2016-10-15 4 M 0 1157 0 D 2023-10-15 Common Stock 1157 2030 D Restricted Stock Units 2016-10-15 4 F 0 436 0 D 2023-10-15 Common Stock 436 1594 D Restricted Stock Units 2016-10-15 4 M 0 1540 0 D 2024-10-15 Common Stock 1540 4823 D Restricted Stock Units 2016-10-15 4 F 0 581 0 D 2024-10-15 Common Stock 581 4242 D Restricted Stock Units 2016-10-15 4 M 0 1820 0 D 2025-10-15 Common Stock 1820 8204 D Restricted Stock Units 2016-10-15 4 F 0 686 0 D 2025-10-15 Common Stock 686 7518 D Nq Stock Options 30.33 2017-10-15 Common Stock 24000 24000 D Represents vesting of restricted Stock Units and conversion to Team Common Stock. Stock Units convert on a 1-for-1 basis into shares of Team 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. Represents the portion of Stock Units withheld for income taxes prior to settlement in Common Stock. 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. 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. Options are fully vested. /s/ Ted W. Owen 2016-10-25