4//SEC Filing
Robertson Norman W 4
Accession 0001225208-12-012246
CIK 0001022705other
Filed
May 13, 8:00 PM ET
Accepted
May 14, 8:50 PM ET
Size
8.4 KB
Accession
0001225208-12-012246
Insider Transaction Report
Form 4
TESCO CORPTESO
Robertson Norman W
Director
Transactions
- Award
Option to Purchase
2012-05-10+7,000→ 7,000 totalExercise: $14.19Exp: 2019-05-10→ Common Stock (7,000 underlying) - Award
Restricted Stock Unit
2012-05-10+3,500→ 3,500 totalExercise: $0.00Exp: 2015-05-10→ Common Stock (3,500 underlying)
Footnotes (6)
- [F1]All awards were granted pursuant to the terms of the Amended and Restated Tesco Corporation 2005 Incentive Plan, which is exempt under Rule 16b-3(d).
- [F2]This number represents the stock options (Options) granted to the reporting person as a portion of his compensation for serving as an officer or director of the Company. These Options are subject to a three-year vesting period.
- [F3]The Options vest in three equal annual installments beginning May 10, 2013.
- [F4]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.
- [F5]This number represents the restricted stock units (RSUs) granted. These RSUs are subject to a three-year vesting period. RSUs are calculated on a one-for-one share basis. Each RSU may be redeemed, at the Company's discretion, for one share of the Company's common stock or its cash equivalent.
- [F6]The RSUs vest in three equal annual installments beginning May 10, 2013.
Documents
Issuer
TESCO CORP
CIK 0001022705
Entity typeother
Related Parties
1- filerCIK 0001364328
Filing Metadata
- Form type
- 4
- Filed
- May 13, 8:00 PM ET
- Accepted
- May 14, 8:50 PM ET
- Size
- 8.4 KB