Form 4 for TISI TEAM INC
Accepted 2021-11-17 00:00:00 ET · period of report 2021-11-15 · accession 0000318833-21-000158 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-11-17 | 2021-11-15 | TISI | Sides Sherri A | SVP, Chief HR Off | M - OptEx | $0.00 | +3,973 | 9,087 | +78% | $0 |
| DM | 2021-11-17 | 2021-11-15 | TISI | Sides Sherri A | SVP, Chief HR Off | M - OptEx | $0.00 | -3,973 | 3,625 | -52% | $0 |
| DM | 2021-11-17 | 2021-11-15 | TISI | Sides Sherri A | SVP, Chief HR Off | F - Tax | $0.00 | -1,750 | 1,458 | -55% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-11-15 | M | A | 1,870 | $0.00 | 10,957 | D | — | — | (F1) Represents vesting of Restricted Stock Units and conversion to Team Common Stock. |
| 2 | Common | Common Stock | 2021-11-15 | M | A | 1,012 | $0.00 | 7,996 | D | — | — | (F1) Represents vesting of Restricted Stock Units and conversion to Team Common Stock. |
| 3 | Common | Common Stock | 2021-11-15 | M | A | 1,091 | $0.00 | 9,087 | D | — | — | (F1) Represents vesting of Restricted Stock Units and conversion to Team Common Stock. |
| 4 | Derivative | Restricted Stock Units | 2021-11-15 | M | D | 1,012 | $0.00 | 1,904 | D | — · — to 2028-11-15 | 1,012 Common Stock | (F3) Stock Units convert on a 1-for-1 basis into shares of Team Common Stock. (F4) Stock Units vest 25% on 11/15/2019, 11/15/2020, 11/15/2021 and 11/15/2022, 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. |
| 5 | Derivative | Restricted Stock Units | 2021-11-15 | M | D | 1,870 | $0.00 | 6,207 | D | — · — to 2030-11-15 | 1,870 Common Stock | (F3) Stock Units convert on a 1-for-1 basis into shares of Team Common Stock. (F7) Stock Units vest one-third on 11/15/2021, 11/15/2022 and 11/15/2023, 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. |
| 6 | Derivative | Restricted Stock Units | 2021-11-15 | F | D | 481 | $0.00 | 3,144 | D | — · — to 2029-11-15 | 481 Common Stock | (F5) Represents the portion of Stock Units withheld for income taxes prior to settlement in Common Stock. |
| 7 | Derivative | Restricted Stock Units | 2021-11-15 | M | D | 1,091 | $0.00 | 3,625 | D | — · — to 2029-11-15 | 1,091 Common Stock | (F3) Stock Units convert on a 1-for-1 basis into shares of Team Common Stock. (F6) Stock Units vest 25% on 11/15/2020, 11/15/2021, 11/15/2022 and 11/15/2023, 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. |
| 8 | Derivative | Restricted Stock Units | 2021-11-15 | F | D | 823 | $0.00 | 5,384 | D | — · — to 2030-11-15 | 823 Common Stock | (F5) Represents the portion of Stock Units withheld for income taxes prior to settlement in Common Stock. |
| 9 | Derivative | Restricted Stock Units | 2021-11-15 | F | D | 446 | $0.00 | 1,458 | D | — · — to 2028-11-15 | 446 Common Stock | (F5) Represents the portion of Stock Units withheld for income taxes prior to settlement in Common Stock. |