0001225208-16-043146.txt : 20161214 0001225208-16-043146.hdr.sgml : 20161214 20161214112849 ACCESSION NUMBER: 0001225208-16-043146 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20161212 FILED AS OF DATE: 20161214 DATE AS OF CHANGE: 20161214 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TESCO CORP CENTRAL INDEX KEY: 0001022705 STANDARD INDUSTRIAL CLASSIFICATION: OIL & GAS FILED MACHINERY & EQUIPMENT [3533] IRS NUMBER: 980053204 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: WESTWAY PLAZA, 11330 CLAY ROAD STREET 2: SUITE 350 CITY: HOUSTON STATE: TX ZIP: 77041 BUSINESS PHONE: 713-359-7000 MAIL ADDRESS: STREET 1: WESTWAY PLAZA, 11330 CLAY ROAD STREET 2: SUITE 350 CITY: HOUSTON STATE: TX ZIP: 77041 FORMER COMPANY: FORMER CONFORMED NAME: Tesco CORP DATE OF NAME CHANGE: 20061229 FORMER COMPANY: FORMER CONFORMED NAME: TESCO CORP DATE OF NAME CHANGE: 19960911 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Greening Douglas CENTRAL INDEX KEY: 0001661220 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34090 FILM NUMBER: 162050557 MAIL ADDRESS: STREET 1: 11330 CLAY ROAD STREET 2: SUITE 350 CITY: HOUSTON STATE: TX ZIP: 77041 4 1 doc4.xml X0306 4 2016-12-12 0001022705 TESCO CORP TESO 0001661220 Greening Douglas 11330 CLAY ROAD SUITE 350 HOUSTON TX 77041 1 Vice President Common Stock 2016-12-12 4 M 0 1167.0000 9.2250 A 10529.0000 D Common Stock 2016-12-13 4 S 0 494.0000 8.8000 D 10035.0000 D Restricted Stock Unit 2016-12-12 4 M 0 1167.0000 0.0000 D 2016-12-12 2017-12-12 Common Stock 1167.0000 1167.0000 D The Reporting Person received shares of common stock of the Company 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 Amended and Restated 2005 Tesco Corporation Incentive Plan at US$ 9.225. The Reporting Person sold shares to cover tax obligations resulting from a RSU vesting. The shares were sold at the price of US$ 8.80 per share. 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. The Restricted Stock Units (RSUs) vest equally over three years beginning on the anniversary of the grant date. Brian Kelly, Attorney-in-Fact 2016-12-14