Lank James A 4
4 · TESCO CORP · Filed Nov 23, 2009
Insider Transaction Report
Form 4
TESCO CORPTESO
Lank James A
General Counsel & Corp. Sec.
Transactions
- Award
Restricted Stock Unit
2009-11-19+19,100→ 19,100 totalExercise: $0.00Exp: 2012-11-19→ Common Stock (19,100 underlying) - Award
Option to Purchase
2009-11-19+35,100→ 35,100 totalExercise: $10.38Exp: 2016-11-19→ Common Stock (35,100 underlying)
Footnotes (3)
- [F1]The Option to Purchase vests in three equal annual installments beginning November 19, 2010.
- [F2]Each Restricted Stock Unit (RSU) may be redeemed, at the Company's discretion, for one share of the Company's common stock or its cash equivalent.
- [F3]The Restricted Stock Units (RSUs) vest equally over three years beginning November 19, 2010.