Sherri A. Sides - Nov 15, 2021 Form 4/A - Amendment Insider Report for TEAM INC (TISI)

Role: Sr VP, Chief HR Officer
Signature: /s/ Sherri A. Sides
Stock symbol: TISI
Transactions as of: Nov 15, 2021
Transactions value $: $0
Form type: 4/A - Amendment
Date filed: 11/22/2021, 06:06 PM
Date Of Original Report: Nov 17, 2021
Next filing: Dec 23, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TISI	Common Stock	Options Exercise	$0	+1.1K	+15.78%	$0.00	8.09K	Nov 15, 2021	Direct	F1, F2
transaction	TISI	Common Stock	Options Exercise	$0	+1.19K	+14.7%	$0.00	9.28K	Nov 15, 2021	Direct	F1, F2
transaction	TISI	Common Stock	Options Exercise	$0	+2.04K	+21.96%	$0.00	11.3K	Nov 15, 2021	Direct	F1, F2
holding	TISI	Common Stock						4.18K	Nov 15, 2021	401K Plan	F3

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	$0	-1.1K	-37.79%	$0.00	1.81K	Nov 15, 2021	Common Stock	1.1K		Direct	F2, F4, F5
transaction	TISI	Restricted Stock Units	Tax liability	$0	-356	-19.63%	$0.00	1.46K	Nov 15, 2021	Common Stock	356		Direct	F2, F6
transaction	TISI	Restricted Stock Units	Options Exercise	$0	-1.19K	-25.21%	$0.00	3.53K	Nov 15, 2021	Common Stock	1.19K		Direct	F2, F4, F7
transaction	TISI	Restricted Stock Units	Tax liability	$0	-383	-10.86%	$0.00	3.14K	Nov 15, 2021	Common Stock	383		Direct	F2, F6
transaction	TISI	Restricted Stock Units	Options Exercise	$0	-2.04K	-25.22%	$0.00	6.04K	Nov 15, 2021	Common Stock	2.04K		Direct	F2, F4, F8
transaction	TISI	Restricted Stock Units	Tax liability	$0	-656	-10.86%	$0.00	5.38K	Nov 15, 2021	Common Stock	656		Direct	F2, F6

* 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	This Form 4/A is filed to adjust the number of shares vested as a result of a correction in the number of Stock Units withheld for income taxes.
F3	Represents estimated shares held in 401K Plan.
F4	Stock Units convert on a 1-for-1 basis into shares of Team Common Stock.
F5	Stock Units vest 25% on 11/15/2019, 11/15/2020, 11/15/2021 and 11/15/2022, 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.
F6	Represents the corrected number of Stock Units withheld for income taxes prior to settlement in Common Stock.
F7	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.
F8	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.