SEC Form 4 · accession 0001225208-15-004676
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
Feb 19, 2015
Accepted (ET)
Feb 19, 2015 · 2:56 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 | Feb 19, 2015 | A | 463 | $11.20 | A | 57,062 | 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 February 19, 2015, 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 January 2015 payroll.
- F2Includes shares of the Company's Common Stock held in Reporting Person's name in the Plan and purchased directly from the Company in accordance with the Plan.
- F3The share price for the January 2015 contribution was calculated in accordance with the Plan terms at US$11.20. Based on the noon exchange rate of the Bank of Canada on the calculation date, the converted price is C$13.942880.