Home > Insider Trading > Filing (0001225208-12-011787)

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
1112506	L Gary Kott	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	15,000	$9.10	37,666	No	4	M	Direct
Common Stock	Disposition	2012-05-07	15,000	$14.36	22,666	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	15,000	$9.10	15,000	$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 15,000 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 one hundred twenty-one separate lots ranging in price from a low of $14.200 to a high of $14.42. The average sales price for all shares was US $14.356682.
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.