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

Showing 1 to 2 of 2 entries

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.