4//SEC Filing
TESCO CORP 4
Accession 0001225208-17-011350
CIK 0001022705operating
Filed
Jun 14, 8:00 PM ET
Accepted
Jun 15, 11:46 AM ET
Size
8.2 KB
Accession
0001225208-17-011350
Insider Transaction Report
Form 4
TESCO CORPTESO
Sloan Thomas B JR
Vice President
Transactions
- Exercise/Conversion
Common Stock
2017-06-13$4.71/sh+500$2,356→ 10,077 total - Exercise/Conversion
Restricted Stock Unit
2017-06-13−500→ 0 totalExp: 2017-06-13→ Common Stock (500 underlying) - Sale
Common Stock
2017-06-14$4.70/sh−170$799→ 9,907 total
Footnotes (3)
- [F1]The Reporting Person sold shares to cover tax obligations resulting from a RSU vesting.
- [F2]Under the terms of the Amended and Restated 2005 Tesco Corporation Incentive Plan, there is no conversion price. Each RSU represents a contingent right to receive one share of TESO common stock.
- [F3]The RSUs vest equally over three years on the anniversary of the grant date.
Documents
Issuer
TESCO CORP
CIK 0001022705
Entity typeoperating
Related Parties
1- filerCIK 0001022705
Filing Metadata
- Form type
- 4
- Filed
- Jun 14, 8:00 PM ET
- Accepted
- Jun 15, 11:46 AM ET
- Size
- 8.2 KB