0001127602-17-029946.txt : 20171017 0001127602-17-029946.hdr.sgml : 20171017 20171017165034 ACCESSION NUMBER: 0001127602-17-029946 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20171015 FILED AS OF DATE: 20171017 DATE AS OF CHANGE: 20171017 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: 171141079 MAIL ADDRESS: STREET 1: 200 HERMANN DRIVE CITY: ALVIN STATE: TX ZIP: 77511 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 4 1 form4.xml PRIMARY DOCUMENT X0306 4 2017-10-15 0000318833 TEAM INC TISI 0001402562 Victorson Arthur F 13131 DAIRY ASHFORD, SUITE 600 SUGAR LAND TX 77478 1 President, TeamQualspec Common Stock 2017-10-15 4 M 0 1082 0 A 16398 D Common Stock 2017-10-15 4 M 0 1108 0 A 17506 D Common Stock 2017-10-15 4 M 0 1337 0 A 18843 D Common Stock 4835 I 401K Plan Restricted Stock Units 2017-10-15 4 M 0 1082 0 D 2023-10-15 Common Stock 1082 512 D Restricted Stock Units 2017-10-15 4 F 0 512 0 D 2023-10-15 Common Stock 512 0 D Restricted Stock Units 2017-10-15 4 M 0 1108 0 D 2024-10-15 Common Stock 1108 2156 D Restricted Stock Units 2017-10-15 4 F 0 524 0 D 2024-10-15 Common Stock 524 1632 D Restricted Stock Units 2017-10-15 4 M 0 1337 0 D 2025-10-15 Common Stock 1337 4570 D Restricted Stock Units 2017-10-15 4 F 0 632 0 D 2025-10-15 Common Stock 632 3938 D Restricted Stock Units 2026-11-15 Common Stock 8407 8407 D Restricted Stock Units 2027-09-18 Common Stock 35186 35186 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 10/15/2014, 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. Represents the portion of Stock Units withheld for income taxes prior to settlement in 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. 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 11/15/2017, 11/15/2018, 11/15/2019 and 11/15/2020, 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 100% on 9/18/2019, unless earlier vested or terminated in accordance with the Retention Agreement. Stock Units will automatically be converted into shares of Common Stock in accordance with the respective vesting schedule. /s/ Arthur F. Victorson 2017-10-17