SEC Form 4 · accession 0001127602-16-062201

TEAM INC · TISI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Sep 6, 2016

Accepted (ET)

Sep 8, 2016 · 2:14 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000318833

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock	Sep 6, 2016	M	23,075	$27.72	A	73,616	D
Common Stock^F1	Sep 6, 2016	S	23,075	$31.724	D	50,541	D
Common Stock	Sep 7, 2016	M	6,925	$27.72	A	57,466	D
Common Stock^F2	Sep 7, 2016	S	6,925	$31.72	D	50,541	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Director Stock Options^F3	$27.72	Sep 6, 2016	M	23,075	D	—	Sep 27, 2017	Common Stock	23,075	6,925	D
Director Stock Options^F3	$27.72	Sep 7, 2016	M	6,925	D	—	Sep 27, 2017	Common Stock	6,925	0	D

F1This transaction was executed in multiple trades at prices ranging from $31.55 to $32.08. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2This transaction was executed in multiple trades at prices ranging from $31.63 to $31.94. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3Options are fully vested.