Form 4 for TISI TEAM INC
Accepted 2024-11-19 00:00:00 ET · period of report 2024-11-17 · accession 0000318833-24-000082 · 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 | 2024-11-19 | 2024-11-17 | TISI | Acosta Matthew E | VP, CAO | F - Tax | — | -31 | 705 | -4% | — |
| D | 2024-11-19 | 2024-11-17 | TISI | Acosta Matthew E | VP, CAO | M - OptEx | — | +128 | 736 | +21% | — |
| D | 2024-11-19 | 2024-11-17 | TISI | Acosta Matthew E | VP, CAO | M - OptEx | — | -128 | 0 | -100% | — |
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 | 2024-11-17 | F | D | 31 | — | 705 | D | — | — | (F2) Represents Stock Units withheld to satisfy tax obligations. |
| 2 | Common | Common Stock | 2024-11-17 | M | A | 128 | — | 736 | D | — | — | (F1) Represents vesting of Restricted Stock Units and conversion to Team Common Stock. |
| 3 | Derivative | Restricted Stock Units | 2024-11-17 | M | D | 128 | — | 0 | D | — · — to 2031-11-17 | 128 Common Stock | (F4) Each restricted stock unit represents a contingent right to receive one share of TISI Common Stock. (F1) Represents vesting of Restricted Stock Units and conversion to Team Common Stock. (F3) Stock Units vest one-third on 11/17/2022, 11/17/2023 and 11/17/2024, 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. |