0001225208-16-041158.txt : 20161103 0001225208-16-041158.hdr.sgml : 20161103 20161103175658 ACCESSION NUMBER: 0001225208-16-041158 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20161101 FILED AS OF DATE: 20161103 DATE AS OF CHANGE: 20161103 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TESCO CORP CENTRAL INDEX KEY: 0001022705 STANDARD INDUSTRIAL CLASSIFICATION: OIL & GAS FILED MACHINERY & EQUIPMENT [3533] IRS NUMBER: 980053204 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: WESTWAY PLAZA, 11330 CLAY ROAD STREET 2: SUITE 350 CITY: HOUSTON STATE: TX ZIP: 77041 BUSINESS PHONE: 713-359-7000 MAIL ADDRESS: STREET 1: WESTWAY PLAZA, 11330 CLAY ROAD STREET 2: SUITE 350 CITY: HOUSTON STATE: TX ZIP: 77041 FORMER COMPANY: FORMER CONFORMED NAME: Tesco CORP DATE OF NAME CHANGE: 20061229 FORMER COMPANY: FORMER CONFORMED NAME: TESCO CORP DATE OF NAME CHANGE: 19960911 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SERRANO ELIJIO V CENTRAL INDEX KEY: 0001159051 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34090 FILM NUMBER: 161973083 MAIL ADDRESS: STREET 1: 24955 INTERSTATE 45 NORTH CITY: THE WOODLANDS STATE: TX ZIP: 77380 4 1 doc4.xml X0306 4 2016-11-01 0001022705 TESCO CORP TESO 0001159051 SERRANO ELIJIO V 11330 CLAY ROAD SUITE 350 HOUSTON TX 77041 1 Restricted Stock Unit 2016-11-01 4 A 0 15800.0000 0.0000 A 2017-11-01 2019-11-01 Common Stock 15800.0000 15800.0000 D Each Restricted Stock Unit (RSU) may be redeemed, at the Company's discretion, for shares of the Company's common stock or its cash equivalent. All awards were granted (i) on November 1, 2016 to the Reporting Person as a portion of his compensation for serving as an officer or director of the Company; and (ii) pursuant to the terms of the Amended and Restated Tesco Corporation 2005 Incentive Plan, which is exempt under Rule 16b-3(d). The vesting of all awards is contingent upon the Reporting Person's continued employment by or service as a Director to the Company. This number represents the restricted stock units (RSUs) granted. These RSUs are subject to a three-year vesting period. RSUs are calculated on a one-for-one share basis. Each RSU may be redeemed, at the Company's discretion, for one share of the Company's common stock or its cash equivalent. The RSUs vest equally over three years on the anniversary of the grant date. Brian Kelly, Attorney-in-Fact 2016-11-03