Keith D. Tucker - Nov 6, 2024 Form 4 Insider Report for TEAM INC (TISI)

Role
CEO
Signature
/s/ Keith D. Tucker
Stock symbol
TISI
Transactions as of
Nov 6, 2024
Transactions value $
$0
Form type
4
Date filed
11/8/2024, 11:42 AM
Previous filing
Nov 21, 2023
Next filing
Nov 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TISI Common Stock Options Exercise +28.1K +153.03% 46.4K Nov 6, 2024 Direct F1
transaction TISI Common Stock Tax liability -11.1K -24% 35.3K Nov 6, 2024 Direct F2
holding TISI Common Stock 815 Nov 6, 2024 401-K

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 -28.1K -33.33% 56.1K Nov 6, 2024 Common Stock 28.1K 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 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.