Michael J. Caliel - 06 Nov 2023 Form 4 Insider Report for TEAM INC (TISI)

Role
Director
Signature
/s/ Michael J. Caliel
Issuer symbol
TISI
Transactions as of
06 Nov 2023
Net transactions value
$0
Form type
4
Filing time
08 Nov 2023, 16:27:05 UTC
Previous filing
22 May 2023
Next filing
07 Mar 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 +31,172 +485% $0.000000 37,596 06 Nov 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 +31,172 $0.000000 31,172 06 Nov 2023 Common Stock 31,172 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.