Michael J. Caliel - Nov 6, 2024 Form 4 Insider Report for TEAM INC (TISI)

Role
Executive Chairman, Director
Signature
/s/ Michael J. Caliel
Stock symbol
TISI
Transactions as of
Nov 6, 2024
Transactions value $
$0
Form type
4
Date filed
11/8/2024, 11:50 AM
Previous filing
May 20, 2024
Next filing
May 19, 2025
SEC
View on sec.gov
This filing has been restated, see here for the amended filing

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TISI Common Stock Options Exercise +31.2K +69.27% 76.2K Nov 6, 2024 Direct F1
transaction TISI Common Stock Tax liability -7.31K -9.6% 68.9K Nov 6, 2024 Direct F2

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 Options Exercise -31.2K -100% 0 Nov 6, 2024 Common Stock 31.2K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents vesting of Restricted Stock Units and conversion to Team Common Stock.
F2 Represents Stock Units withheld to satisfy tax obligations.
F3 Each restricted stock unit represents a contingent right to receive one share of TISI Common Stock.
F4 Vesting of Restricted Stock Units and conversion to Team Common Stock on November 6, 2024.