TESCO CORP 4/A
4/A · TESCO CORP · Filed Jan 29, 2014
Insider Transaction Report
Form 4/AAmended
TESCO CORPTESO
Foster Jeffrey L
Sr. V.P., Operations
Transactions
- Award
Common Stock
2013-07-18$13.44/sh+146$1,962→ 53,642 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 July 22, 2013, the Company provided instructions to the Transfer Agent regarding the issuance of shares to the Plan Administrator, with such shares covering payroll contributions from the Reporting Person's June 2013 payroll.
- [F2]The number of shares issued was incorrectly reported as 160, but should have been reported as 146.
- [F3]The share price for the July 2013 contribution was calculated in accordance with the Plan terms at US $13.44. Based on the noon rate of exchange of the Bank of Canada on the calculation date, the converted price is C$ 13.99507.