X0202 4 2007-01-12 0 0001022705 TESCO CORP TESOF 0001364792 Tessari Robert M 3993 W. SAM HOUSTON PARKWAY N. SUITE 100 HOUSTON TX 77043 1 1 0 0 Chief Technology Officer Common Stock 13045 D Common Stock 522915 I By Sonas Management Ltd. Common Stock 2007-01-12 2007-01-17 4 J 0 226 4162.92 A 13271 D Option to Purchase 12.16 2007-03-14 Common Stock 80000 80000 D Option to Purchase 10.43 2008-05-15 Common Stock 50000 50000 D Option to Purchase 7.18 2011-05-06 Common Stock 60000 60000 D Option to Purchase 9.10 2012-05-13 Common Stock 60000 60000 D Option to Purchase 18.74 2013-05-18 Common Stock 10000 10000 D The Option to Purchase vested in three annual installments of 27,200, 26,400 and 26,400 respectively beginning 03/14/2003. The exercise price was converted from $19.35 Cdn to US dollars using the closing rate of exchange of the Bank of Canada on the date of grant. The Option to Purchase vested in three annual installments of 17,000, 16,500 and 16,500 respectively beginning 05/15/2004. The exercise price was converted from $14.42 Cdn to US dollars using the closing rate of exchange of the Bank of Canada on the date of grant. The Option to Purchase vests in three annual installments of 20,400, 19,800 and 19,800 respectively beginning 05/06/2005. The exercise price was converted from $9.89 Cdn to US dollars using the closing rate of exchange of the Bank of Canada on the date of grant. The Option to Purchase vests in three annual installments of 20,400, 19,800 and 19,800 respectively beginning 05/13/2006. The exercise price was converted from $11.52 Cdn to US dollars using the closing rate of exchange of the Bank of Canada on the date of grant. The Option to Purchase vests in three annual installments of 3,400, 3,300 and 3,300 respectively beginning 05/18/2007. The exercise price was converted from $21.00 Cdn to US dollars using the closing rate of exchange of the Bank of Canada on the date of grant. Robert M. Tessari is the sole director and sole shareholder of Sonas Management Ltd. The actual exercise price will be the Cnd dollar amount regardless of the exchange rate on the date of grant or the date of exercise. On January 12, 2007, the Plan Administrator for Tesco Corporation's Employee Stock Savings Plan purchased 226 shares of the Company's stock with funds deducted from Mr. Tessari's December 2006 monthly salary. The shares were purchased at a per-share price of $21.59 Cdn and converted to US dollars using the closing rate of exchange of the Bank of Canada on the purchase date (01/12/2007). Includes 2,103 shares of Common Stock held in reporting Person's name in the Company's Employee Stock Savings Plan. Includes 2,329 shares of Common Stock held in reporting Person's name in the Company's Employee Stock Savings Plan. James A. Lank, Attorney-in-Fact 2007-01-25