<SEC-DOCUMENT>0001127602-11-027504.txt : 20111018
<SEC-HEADER>0001127602-11-027504.hdr.sgml : 20111018
<ACCEPTANCE-DATETIME>20111018214852
ACCESSION NUMBER:		0001127602-11-027504
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20111014
FILED AS OF DATE:		20111018
DATE AS OF CHANGE:		20111018

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Palmore David C
		CENTRAL INDEX KEY:			0001402534

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08604
		FILM NUMBER:		111146813

	MAIL ADDRESS:	
		STREET 1:		200 HERMANN DRIVE
		CITY:			ALVIN
		STATE:			TX
		ZIP:			77511

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TEAM INC
		CENTRAL INDEX KEY:			0000318833
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-MISCELLANEOUS REPAIR SERVICES [7600]
		IRS NUMBER:				741765729
		STATE OF INCORPORATION:			TX
		FISCAL YEAR END:			0531

	BUSINESS ADDRESS:	
		STREET 1:		200 HERMANN DRIVE
		CITY:			ALVIN
		STATE:			TX
		ZIP:			77056
		BUSINESS PHONE:		2813316154

	MAIL ADDRESS:	
		STREET 1:		1019 SOUTH HOOD STREET
		CITY:			ALVIN
		STATE:			TX
		ZIP:			77551
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form4.xml
<DESCRIPTION>PRIMARY DOCUMENT
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        <issuerName>TEAM INC</issuerName>
        <issuerTradingSymbol>TISI</issuerTradingSymbol>
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            <rptOwnerName>Palmore David C</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>200 HERMANN DR</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>ALVIN</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>77511</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isOfficer>1</isOfficer>
            <officerTitle>Sr. Vice President</officerTitle>
        </reportingOwnerRelationship>
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            <expirationDate>
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                <footnoteId id="F8"/>
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        <derivativeHolding>
            <securityTitle>
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    <footnotes>
        <footnote id="F1">Represents vesting of restricted Stock Units and conversion to Team Common Stock.</footnote>
        <footnote id="F2">Stock Units convert on a 1-for-1 basis into shares of Team Common Stock.</footnote>
        <footnote id="F3">Stock Units vest 25% on 10/15/2012, 10/15/2013, 10/15/2014, and 10/15/2015, 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.</footnote>
        <footnote id="F4">Stock Units vest 25% on 10/14/2009, 10/14/2010, 10/14/2011 and 10/15/2012, 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.</footnote>
        <footnote id="F5">Represents the portion of Stock Units withheld for income taxes prior to settlement in Common Stock.</footnote>
        <footnote id="F6">Stock Units vest 25% on 10/15/2010, 10/15/2011, 10/15/2012 and 10/15/2013, 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.</footnote>
        <footnote id="F7">Stock Units vest 25% on 10/15/2011, 10/15/2012, 10/15/2013 and 10/15/2014, 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.</footnote>
        <footnote id="F8">Options are fully vested.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ David C. Palmore</signatureName>
        <signatureDate>2011-10-18</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
