Form 4 for TISI TEAM INC
Accepted 2022-11-21 00:00:00 ET · period of report 2022-11-17 · accession 0000318833-22-000106 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-11-21 | 2022-11-17 | TISI | Tucker Keith D | Interim CEO | M - OptEx | $0.00 | +4,103 | 34.9K | +13% | $0 |
| D | 2022-11-21 | 2022-11-17 | TISI | Tucker Keith D | Interim CEO | F - Tax | $0.00 | -1,132 | 33.7K | -3% | $0 |
| D | 2022-11-21 | 2022-11-17 | TISI | Tucker Keith D | Interim CEO | M - OptEx | $0.00 | -4,103 | 8,205 | -33% | $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 | 2022-11-17 | M | A | 4,103 | $0.00 | 34,867 | D | — | — | (F1) Represents vesting of Restricted Stock Units and conversion to Team Common Stock. |
| 2 | Common | Common Stock | 2022-11-17 | F | D | 1,132 | $0.00 | 33,735 | D | — | — | (F2) Represents Stock Units withheld to satisfy tax obligations. |
| 3 | Derivative | Restricted Stock Units | 2022-11-17 | M | D | 4,103 | $0.00 | 8,205 | D | — · — to 2031-11-17 | 4,103 Common Stock | (F3) Each restricted stock unit represents a contingent right to receive one share of TISI Common Stock. (F4) Stock Units vest one-third on 11/17/2022, 11/17/2023 and 11/15/2024, 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. |