Lowley Keith M 4
4 · TESCO CORP · Filed Nov 23, 2009
Insider Transaction Report
Form 4
TESCO CORPTESO
Lowley Keith M
Vice President - Manufacturing
Transactions
- Award
Restricted Stock Unit
2009-11-19+6,700→ 6,700 totalExercise: $0.00Exp: 2012-11-19→ Common Stock (6,700 underlying) - Award
Option to Purchase
2009-11-19+12,300→ 12,300 totalExercise: $10.38Exp: 2016-11-19→ Common Stock (12,300 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.