Beierbach Barry E 4/A
4/A · TESCO CORP · Filed Nov 23, 2009
Insider Transaction Report
Form 4/AAmended
TESCO CORPTESO
Beierbach Barry E
VP (North American Top Drives)
Transactions
- Exercise/Conversion
Common Stock
2009-11-18+1,433→ 5,678.169 total
Footnotes (2)
- [F1]On November 18, 2008, the Reporting Person received a grant of Restricted Stock Units ("RSUs") under the Amended and Restated 2005 Tesco Corporation Incentive Plan (the "Plan"). The RSUs vested on the anniversary date of a grant. Under the terms of the Plan, the Company redeemed the vested RSUs for an equal number of shares of the Company's common stock. The defined terms in this footnote are used in other footnotes throughout this Form 4.
- [F2]The Reporting Person received shares of the Company's common stock upon the vesting and redemption of an equal number of RSUs. The Reporting Person received the shares at no cost. The market value of the shares of common stock was calculated in accordance with the Plan at US$ 10.56.