TESCO CORP 4
4 · TESCO CORP · Filed Jan 20, 2015
Insider Transaction Report
Form 4
TESCO CORPTESO
Ferris Mihial Dean
SVP, Gen Counsel & Corp Sec
Transactions
- Award
Common Stock
2015-01-16$10.11/sh+184$1,860→ 11,556 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 January 16, 2015 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 December 2014 payroll.
- [F2]Includes shares of the Company's Common Stock held in Reporting Person's name in the Plan and purchased directly from the Company in accordance with the Plan.
- [F3]The share price for the December 2014 contribution was calculated in accordance with the Plan terms at US $10.11. Based on the noon exchange rate of the Bank of Canada on the calculation date, the converted price is C$12.06325.