Keith D. Tucker - 06 Nov 2023 Form 4 Insider Report for TEAM INC (TISI)

Role
CEO
Signature
/s/ Keith D. Tucker
Issuer symbol
TISI
Transactions as of
06 Nov 2023
Net transactions value
$0
Form type
4
Filing time
08 Nov 2023, 15:38:32 UTC
Previous filing
24 Mar 2023
Next filing
17 Nov 2023
SEC
View on sec.gov

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 +84,164 $0.000000 84,164 06 Nov 2023 Common Stock 84,164 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of TISI Common Stock.
F2 Stock Units Vest one-third on 11/6/2024, 11/6/2025, 11/6/2026, 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.