Filing Details

Accession Number:
0001225208-11-009907
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-03-16 13:00:00
Reporting Period:
2011-03-14
Filing Date:
2011-03-16
Accepted Time:
2011-03-16 20:39:17
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1022705 Tesco Corp TESO Oil & Gas Field Machinery & Equipment (3533) 980053204
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1228620 Thomas Clifton Weatherford 3993 W. Sam Houston Parkway N.
Suite 100
Houston TX 77043
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2011-03-14 9,267 $11.21 18,667 No 4 M Direct
Common Stock Disposition 2011-03-14 10,000 $18.10 8,667 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Option to Purchase Disposition 2011-03-14 9,267 $0.00 9,267 $9.10
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
5,733 2012-05-13 No 4 M Direct
Footnotes
  1. The Reporting Person exercised an option to purchase 9,267 shares from a grant dated May 13, 2005. Based on the closing rate of exchange of the Bank of Canada on the date of grant, the exercise price was converted to US $9.10. Based on the noon rate of exchange of the Bank of Canada on the date of exercise, the exercise price is US $11.21357. The actual exercise price is C$11.52.
  2. The shares sold in forty-nine separate lots ranging in price from a low of $18.02 to a high of $18.19. The average sales price for all shares was US $18.095.
  3. Based on the closing rate of exchange of the Bank of Canada on the date of grant, the exercise price was converted to US $9.10. Based on the noon rate of exchange of the Bank of Canada on the date of exercise, the exercise price is US $11.21357. The actual exercise price is C$11.52.
  4. The Option to Purchase has fully vested.