Home > Insider Trading > Filing (0001225208-12-011791)

Filing Details

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	2012-05-07	5,733	$9.10	18,933	No	4	M	Direct
Common Stock	Disposition	2012-05-07	5,733	$14.43	13,200	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	2012-05-07	5,733	$0.00	5,733	$9.10

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		2012-05-13	No	4	M	Direct

Footnotes

The Reporting Person exercised an option to purchase 5,733 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 $11.5949. The actual exercise price is C$11.52.
The shares sold in sixty-four separate lots ranging in price from a low of $14.40to a high of $14.46. The average sales price for all shares was US $14.43.
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 $11.5949. The actual exercise price is C$11.52.
The Option to Purchase has fully vested.