UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported): December 14, 2006
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TEAM, Inc.
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(Exact Name of Registrant as Specified in Charter)
Texas 001-08604 74-1765729
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
200 Hermann Drive
Alvin, Texas 77511
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(Address of Principal Executive Offices and Zip Code)
Registrant's telephone number, including area code: (281) 331-6154
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Not Applicable
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(Former name or former address, if changed since last report)
Check the appropriate line below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
_____ Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
_____ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
_____ Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
_____ Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 3.01. Transfer of Listing
On December 14, 2006, the Board of Directors of the Company approved the
transfer of the listing of the Company's common stock from the American
Stock Exchange to NASDAQ Global Select Market ("NASDAQ"). Then Company then
issued a press release announcing that its application for listing of its
common stock on the NASDAQ has been approved. The Company expects to begin
trading on the NASDAQ under the symbol "TISI" on or about December 28,
2006. The Company's common stock will continue trading on the American
Stock Exchange under the symbol "TMI" until the move is complete.
Item 9.01. Exhibits
99.1 Press Release dated December 14, 2006.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
TEAM, INC.
By: /s/ Ted W. Owen
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Ted W. Owen
Senior Vice President -
Chief Financial Officer
Dated: December 18, 2006
EXHIBIT INDEX
Exhibit number Description
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99.1 TEAM, Inc.'s Press Release dated December 14, 2006