Form Type: 4

SEC EDGAR Link
Accession Number:0001127602-19-033167
Date:2019-11-15
Issuer: TEAM INC (TISI)
Original Submission Date:

Reporting Person:

BALL SUSAN M.
13131 DAIRY ASHFORD, SUITE 600
SUGAR LAND, TX 77478

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
RESTRICTED STOCK UNITS 0.0 2019-11-15 deemed execution date A 14,372 (a) 2029-11-15 common stock 14,372 $0.00 14,372 direct
RESTRICTED STOCK UNITS 0.0 2019-11-15 deemed execution date 0 ( ) 2028-12-14 common stock 15,832 $0.00 15,832 direct
Footnotes
IDfootnote
f1 stock units convert on a 1-for-1 basis into shares of team common stock.
f2 stock units vest 25% on 11/15/20, 11/15/21, 11/15/22 and 11/15/23, 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.
f3 stock units vest 25% on 12/14/2019, 12/14/2020, 12/14/2021 and 12/14/2022, 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.
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