X0306 4 2017-05-16 1 0001022705 TESCO CORP TESO 0001364331 Dyment Fred J 11330 CLAY ROAD SUITE 350 HOUSTON TX 77041 1 Common Stock 2017-05-16 4 M 0 8334.0000 5.0500 A 31133.0000 D Common Stock 2017-05-16 4 M 0 5300.0000 5.0500 A 36433.0000 D Common Stock 2017-05-16 4 M 0 2834.0000 5.0500 A 39267.0000 D Restricted Stock Unit 2017-05-16 4 M 0 5300.0000 0.0000 D 2017-11-01 2019-11-01 Common Stock 5300.0000 0.0000 D Restricted Stock Unit 2017-05-16 4 M 0 8334.0000 0.0000 D 2016-12-04 2018-12-04 Common Stock 8334.0000 0.0000 D Restricted Stock Unit 2017-05-16 4 M 0 2834.0000 0.0000 D 2015-12-12 2017-12-12 Common Stock 2834.0000 0.0000 D 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 were granted on November 1, 2016 with vesting to occur in three equal annual installments beginning November 1, 2017. Vesting of the remaining shares of this grant were accelerated by approval of the Board of Directors upon Mr. Dyment's May 16, 2017 retirement. The restricted stock units were granted on December 14, 2015 with vesting to occur in three equal annual installments beginning December 14, 2016. Vesting of the remaining shares of this grant were accelerated by approval of the Board of Directors upon Mr. Dyment's May 16, 2017 retirement. The restricted stock units were granted on December 12, 2014 with vesting to occur in three equal annual installments beginning December 12, 2015. Vesting of the remaining shares of this grant were accelerated by approval of the Board of Directors upon Mr. Dyment's May 16, 2017 retirement. Brian Kelly, Attorney-in-Fact 2017-05-18