0001127602-19-033176.txt : 20191119
0001127602-19-033176.hdr.sgml : 20191119
20191119151534
ACCESSION NUMBER: 0001127602-19-033176
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20191115
FILED AS OF DATE: 20191119
DATE AS OF CHANGE: 20191119
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Wood Michael R
CENTRAL INDEX KEY: 0001745714
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08604
FILM NUMBER: 191230881
MAIL ADDRESS:
STREET 1: 13131 DAIRY ASHFORD
STREET 2: SUITE 600
CITY: SUGAR LAND
STATE: TX
ZIP: 77478
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: DE
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
2019-11-15
0000318833
TEAM INC
TISI
0001745714
Wood Michael R
13131 DAIRY ASHFORD, SUITE 600
SUGAR LAND
TX
77478
1
Sr. Vice President, HSE
Common Stock
2019-11-15
4
M
0
839
0
A
839
D
Restricted Stock Units
2019-11-15
4
A
0
4791
0
A
2029-11-15
Common Stock
4791
4791
D
Restricted Stock Units
2019-11-15
4
M
0
839
0
D
2028-11-15
Common Stock
839
3603
D
Restricted Stock Units
2019-11-15
4
F
0
271
0
D
2028-11-15
Common Stock
271
3332
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 11/15/2020, 11/15/2021, 11/15/2022 and 11/15/2023, 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 11/15/2019, 11/15/2020, 11/15/2021 and 11/15/2022, 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.
/s/ Michael R. Wood
2019-11-19