| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | TISI | Warrants | Other | -3.27M | -100% | 0 | Nov 9, 2021 | Common Stock | 3.27M | $7.75 | Direct | F1, F2, F3 | ||
| transaction | TISI | Warrants | Other | +3.27M | 3.27M | Nov 9, 2021 | Common Stock | 3.27M | $1.50 | Direct | F1, F2, F3 | |||
| transaction | TISI | Warrants | Purchase | +500K | +13.95% | 4.08M | Nov 9, 2021 | Common Stock | 500K | $1.50 | Direct | F1, F2, F3 |
| Id | Content |
|---|---|
| F1 | Represents warrants to purchase 3,582,949 shares of common stock of Team, Inc. (the "Issuer") that have been re-struck at $1.50 per share and an additional 500,000 warrants that were acquired, in each case, based on the same deemed valuation or price. |
| F2 | Exercisable at any time at the sole discretion of the holder. |
| F3 | The reported securities are directly held by APSC Holdco II, L.P. ("APSC Holdco II") and separately reported in filings by APSC HoldCo II. Atlantic Park Strategic Capital Parallel Master Fund, L.P. ("Atlantic Park") is the sole beneficial owner of APSC Holdco II. Pursuant to an Investment Management Agreement, dated July 6, 2020, Atlantic Park and certain of its affiliates have delegated their voting and dispositive power over their direct and indirect investments (including the Shares) to the Reporting Person and GASC APF, L.P. and appointed each of them to jointly act as investment advisers. |