Michael J. Caliel - Nov 6, 2023 Form 4 Insider Report for TEAM INC (TISI)

Role
Director
Signature
/s/ Michael J. Caliel
Stock symbol
TISI
Transactions as of
Nov 6, 2023
Transactions value $
$0
Form type
4
Date filed
11/8/2023, 04:27 PM
Previous filing
May 22, 2023
Next filing
Mar 7, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TISI Common Stock Award $0 +31.2K +485.24% $0.00 37.6K Nov 6, 2023 Direct F1

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
transaction TISI Restricted Stock Units Award $0 +31.2K $0.00 31.2K Nov 6, 2023 Common Stock 31.2K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 50% vesting of RSU award, described in footnote 3.
F2 Each restricted stock unit represents a contingent right to receive one share of TISI Common Stock.
F3 On 11/6/2023, Reporting person received an RSU award of 62,344 Stock Units with 50% of the award (31,172) vesting immediately and 50% of the award (31,172) vesting on 11/6/2024.