SEC Form 4 · accession 0001225208-17-001717
TESCO CORP · TESO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas Greening
Officer — Vice President
Period of report
Feb 10, 2016
Accepted (ET)
Jan 26, 2017 · 4:11 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 | Feb 10, 2016 | A | 57 | $7.2063 | A | 5,774 | D | |
| Common StockF3 | Dec 6, 2016 | S | 865 | $8.16 | D | 7,442 | 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).
- F2The share price for the February 2016 contribution was calculated in accordance with the Plan terms at US $7.20638. Based on the noon rate of exchange of the Bank of Canada on the calculation date, the converted price is CAD$ 9.51.
- F3The Reporting Person sold shares to cover tax obligation resulting from a RSU vesting on December 5, 2016.