0001225208-11-014782.txt : 20110518
0001225208-11-014782.hdr.sgml : 20110518
20110518205950
ACCESSION NUMBER: 0001225208-11-014782
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110514
FILED AS OF DATE: 20110518
DATE AS OF CHANGE: 20110518
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ASSING FERNANDO RAFAEL
CENTRAL INDEX KEY: 0001464287
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34090
FILM NUMBER: 11856219
MAIL ADDRESS:
STREET 1: 3993 W SAM HOUSTON PKWY N
STREET 2: STE 100
CITY: HOUSTON
STATE: TX
ZIP: 77043
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: 3993 W. SAM HOUSTON PARKWAY N.
STREET 2: SUITE 100
CITY: HOUSTON
STATE: TX
ZIP: 77043
BUSINESS PHONE: 713-359-7000
MAIL ADDRESS:
STREET 1: 3993 W. SAM HOUSTON PARKWAY N.
STREET 2: SUITE 100
CITY: HOUSTON
STATE: TX
ZIP: 77043
FORMER COMPANY:
FORMER CONFORMED NAME: Tesco CORP
DATE OF NAME CHANGE: 20061229
FORMER COMPANY:
FORMER CONFORMED NAME: TESCO CORP
DATE OF NAME CHANGE: 19960911
4
1
doc4.xml
X0303
4
2011-05-14
0001022705
TESCO CORP
TESO
0001464287
ASSING FERNANDO RAFAEL
3993 W. SAM HOUSTON PARKWAY N.
SUITE 100
HOUSTON
TX
77043
1
Sr. VP, Mrkt & Bus. Dev.
Common Stock
2011-05-14
2011-05-16
4
M
0
3666.0000
0.0000
A
14132.0000
D
Restricted Stock Unit
2011-05-14
2011-05-16
4
M
0
3666.0000
0.0000
D
2012-05-14
Common Stock
3666.0000
3668.0000
D
The vest date occurred on Saturday, May 14, 2011, therefore the deemed vest date was Monday, May 16, 2011.
On May 14, 2009, the Reporting Person received a grant of Restricted Stock Units ("RSUs") under the Amended and Restated 2005 Tesco Corporation Incentive Plan (the "Plan"). The RSUs vested on the anniversary date of a grant. Under the terms of the Plan, the Company redeemed the vested RSUs for an equal number of shares of the Company's common stock. The defined terms in this footnote are used in other footnotes throughout this Form 4.
The Reporting Person received shares of the Company's common stock 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 Plan at US$ 17.97.
The Company redeemed RSUs from a grant received by the Reporting Person on May 14, 2009. Under the terms of the Plan, there was no conversion price.
The RSUs vest equally over three years on the anniversary of the grant date.
Dean Ferris, Attorney-in-fact
2011-05-18