X0306 4 2015-12-31 0001022705 TESCO CORP TESO 0001464287 ASSING FERNANDO RAFAEL 11330 CLAY ROAD SUITE 350 HOUSTON TX 77041 1 1 President & CEO Common Stock 2015-12-31 4 M 0 14700.0000 0.0000 A 94491.0000 D Common Stock 2015-12-31 4 M 0 7595.0000 0.0000 A 102086.0000 D Performance Stock Units - OI 2015-12-31 4 M 0 7595.0000 0.0000 D 2015-12-31 2015-12-31 Common Stock 11392.5000 0.0000 D Performance Stock Units - TSR 2015-12-31 4 M 0 14700.0000 0.0000 D 2015-12-31 2012-12-31 Common Stock 22050.0000 0.0000 D All awards were granted pursuant to the terms of the Amended and Restated Tesco Corporation 2005 Incentive Plan, which is exempt under Rule 16b-3(d). The Reporting Person received shares of the Company's common stock upon the vesting and redemption of an equal number of PSU awards. 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 $7.29. To determine the number of PSUs available at vesting, the original shares granted were multiplied by a multiplier earned, from 0-1.5 (0-150%). PSU-OI awards were redeemed with a 0.775 multiplier. To determine the number of PSUs available at vesting, the original shares granted were multiplied by a multiplier earned, from 0-1.5 (0-150%). PSU-TSR awards were redeemed with a 1.5 multiplier. Chris Boone, Attorney-in-fact 2016-01-04