Matthew E. Acosta - Sep 13, 2021 Form 3 Insider Report for TEAM INC (TISI)

Role
VP & Chief Accounting Officer
Signature
/s/ Matthew E. Acosta
Stock symbol
TISI
Transactions as of
Sep 13, 2021
Transactions value $
$0
Form type
3
Date filed
9/22/2021, 04:51 PM
Next filing
Nov 22, 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TISI Common Stock 453 Sep 13, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding TISI Restricted Stock Units Sep 13, 2021 Common Stock 1.8K $0.00 Direct F1
holding TISI Restricted Stock Units Sep 13, 2021 Common Stock 3.08K $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Stock Units vest one-third on 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.