X0303 4 2009-05-18 0001022705 TESCO CORP TESO 0001410798 BOYLE JOHN ERNEST 3993 W. SAM HOUSTON PARKWAY N. SUITE 100 HOUSTON TX 77043 1 VP, Tesco Services Inc. Common Stock 2009-05-18 4 M 0 500 9.6 A 837.3476 D Restricted Stock Unit 0 2009-05-18 4 M 0 500 0 D Common Stock 500 500 D On May 18, 2007, the Reporting Person received a grant of Restricted Stock Units ("RSUs") under the Amended and Restated 2005 Tesco Corporation Incentive Plan (the "Plan"). 500 RSUs vested on the anniversary date which was May 18, 2009. Under the terms of the Plan, the Company redeemed such 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 500 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$ 9.60. The Company redeemed 500 from a grant received by the Reporting Person on May 18, 2007. Under the terms of the Plan, there was no conversion price. On May 18, 2007, the Reporting Person received a grant of Restricted Stock Units ("RSUs") under the Amended and Restated 2005 Tesco Corporation Incentive Plan (the "Plan"). 500 RSUs vested on the anniversary date which was May 18, 2009. Under the terms of the Plan, the Company redeemed such 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 RSUs vest equally over three years on the anniversary date of the grant date. The RSUs expire on the final vest date: May 18, 2010. James A. Lank, Attorney-in-Fact 2009-05-20