4//SEC Filing
DODSON JOHN MARK 4
Accession 0001225208-11-025343
CIK 0001022705other
Filed
Nov 22, 7:00 PM ET
Accepted
Nov 23, 3:02 PM ET
Size
8.1 KB
Accession
0001225208-11-025343
Insider Transaction Report
Form 4
TESCO CORPTESO
DODSON JOHN MARK
VP & Corporate Controller
Transactions
- Exercise/Conversion
Common Stock
2011-11-19+2,500→ 5,776 total - Exercise/Conversion
Restricted Stock Unit
2011-11-19−2,500→ 2,500 totalExp: 2012-11-19→ Common Stock (2,500 underlying)
Footnotes (5)
- [F1]The vest date occurred on Saturday, November 19, 2011, therefore the deemed vest date was Monday, November 21, 2011.
- [F2]On November 19, 2009, the Reporting Person received a grant of Restricted Stock Units ("RSUs") under the Amended and Restated 2005 Tesco Corporation Incentive Plan (the "Plan"). The RSUs vested on the anniversary date of a grant. Under the terms of the Plan, the Company redeemed the vested RSUs for an equal number of shares of the Company's common stock. The defined terms in this footnote are used in other footnotes throughout this Form 4.
- [F3]The Reporting Person received shares of the Company's common stock upon the vesting and redemption of an equal number of RSUs. The Reporting Person received the shares at no cost. The market value of the shares of common stock was calculated in accordance with the Plan at US$ 12.61.
- [F4]The Company redeemed RSUs from a grant received by the Reporting Person on November 19, 2009. Under the terms of the Plan, there was no conversion price.
- [F5]The RSUs vest equally over three years on the anniversary of the grant date.
Documents
Issuer
TESCO CORP
CIK 0001022705
Entity typeother
Related Parties
1- filerCIK 0001474543
Filing Metadata
- Form type
- 4
- Filed
- Nov 22, 7:00 PM ET
- Accepted
- Nov 23, 3:02 PM ET
- Size
- 8.1 KB