X0202
4
2008-06-03
0001022705
TESCO CORP
TESO
0001389533
Beierbach Barry E
3993 W. SAM HOUSTON PARKWAY N.
SUITE 100
HOUSTON
TX
77043
1
Vice President - Top Drives
Common Stock
2008-06-03
4
M
0
4690
18.74
A
5021.0444
D
Common Stock
2008-06-03
4
M
0
2475
9.1
A
7496.0444
D
Common Stock
2008-06-03
4
S
0
90
35.13
D
7406.0444
D
Common Stock
2008-06-03
4
S
0
200
35.35
D
7206.0444
D
Common Stock
2008-06-03
4
S
0
675
35.32
D
6531.0444
D
Common Stock
2008-06-03
4
S
0
1600
35.61
D
4931.0444
D
Common Stock
2008-06-03
4
S
0
1600
35.42
D
3331.0444
D
Common Stock
2008-06-03
4
S
0
3000
35.12
D
331.0444
D
Option to Purchase
9.1
2008-06-03
4
M
0
2475
0
D
2012-05-13
Common Stock
2475
0
D
Option to Purchase
18.74
2008-06-03
4
M
0
4690
0
D
2013-05-18
Common Stock
4690
2310
D
Based on the noon rate of exchange of the Bank of Canada on the date of exercise (June 3, 2008), the converted price is US $20.89. Based on the closing rate of exchange of the Bank of Canada on the date of the grant, the converted price was US $18.74. The actual exercise price is C$21.00.
Based on the noon rate of exchange of the Bank of Canada on the date of exercise (June 3, 2008), the converted price is US $11.46. Based on the closing rate of exchange of the Bank of Canada on the date of the grant, the converted price was US $9.10. The actual exercise price is C$11.42.
The actual sales price was in Canadian dollars. It was converted to US dollars using the noon rate of exchange on the Bank of Canada on the date of exercise (June 3, 2008).
The Option to Purchase vested in three annual installments of 2,550, 2,475 and 2,475 respectively beginning 05/13/2006.
The Option to Purchase vested in three annual installments of 2,380, 2,310 and 2,310 respectively beginning 05/18/2007.
James A. Lank, Attorney-in-Fact
2008-06-05