SEC Form 4 · accession 0001225208-15-001832
TESCO CORP · TESO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Fernando Rafael Assing
Officer — President & CEO · Director
Period of report
Nov 20, 2014
Accepted (ET)
Jan 23, 2015 · 3:03 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001022705
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F3 | Nov 20, 2014 | A | 196 | $0.00 | A | 45,655 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares were acquired by the Reporting Person pursuant to the Company's Amended and Restated Employee Stock Savings Plan (the "Plan"). On November 18, 2014, the Company provided instructions to the Transfer Agent regarding the issuance of shares to the Plan Administrator, with such shares covering payroll contributions from the Reporting Person's October 2014 payroll.
- F2Includes shares of the Company's Common Stock held in the Reporting Person's name in the Plan and purchased directly from the Company in accordance with the Plan.
- F3The share price for the October 2014 contribution was calculated in accordance with the Plan terms at US $15.95. Based on the noon exchange rate of the Bank of Canada on the calculation date, the converted price is CAD $18.01393.