SEC Form 4 · accession 0001225208-16-023953
TESCO CORP · TESO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mihial Dean Ferris
Other
Period of report
Jan 6, 2016
Accepted (ET)
Jan 8, 2016 · 4:54 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 StockF1,F2 | Jan 6, 2016 | S | 3,679 | $7.0916 | D | 23,355 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The common shares were sold to cover tax obligations from the vesting of PSUs on December 31, 2015.
- F2The unit price is the average sale price of the shares. They were sold in two blocks whose sale prices were US $7.09 and $7.0948.