4//SEC Filing
Lowley Keith M 4
Accession 0001225208-09-005358
CIK 0001022705other
Filed
Feb 26, 7:00 PM ET
Accepted
Feb 27, 6:34 PM ET
Size
6.0 KB
Accession
0001225208-09-005358
Insider Transaction Report
Form 4
TESCO CORPTESO
Lowley Keith M
Vice President - Manufacturing
Transactions
- Award
Common Stock
2009-02-25$9.05/sh+221.254$2,002→ 3,180.635 total
Footnotes (3)
- [F1]The shares were acquired by the Reporting Person pursuant to the Company's Amended and Restated Employee Stock Savings Plan (the Plan). On February 25, 2009, the Company issued shares to the Plan Administrator. The share purchase price was calculated in accordance with the Plan and funds withheld from the Reporting Person's January 2009 salary payments plus a benefit amount contributed by the Company as set forth in the Plan funded the purchase of the shares. The shares are held in the Reporting Person's name in the Plan and the Reporting Person has dispositive and voting control over the shares.
- [F2]The share price was calculated in accordance with the Plan terms at C$ 11.25. Based on the noon rate of exchange of the Bank of Canada on the date of calculation, the converted price is US $9.05.
- [F3]Shares of the Company's Common Stock held in Reporting Person's name in the Plan, 2,349.09048 of which were purchased directly from the Company in accordance with the Plan.
Documents
Issuer
TESCO CORP
CIK 0001022705
Entity typeother
Related Parties
1- filerCIK 0001364327
Filing Metadata
- Form type
- 4
- Filed
- Feb 26, 7:00 PM ET
- Accepted
- Feb 27, 6:34 PM ET
- Size
- 6.0 KB