FORM 4
[ X ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Dyment Fred J 		2. Issuer Name and Ticker or Trading Symbol

TESCO CORP [ TESO ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

11330 CLAY ROAD, SUITE 350 		3. Date of Earliest Transaction (MM/DD/YYYY)

5/16/2017
(Street)

HOUSTON, TX 77041
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   5/16/2017     M    8334.0000   A $5.0500   31133.0000   D    
Common Stock   5/16/2017     M    5300.0000   A $5.0500   36433.0000   D    
Common Stock   5/16/2017     M    2834.0000   A $5.0500   39267.0000   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit     (1) 5/16/2017     M         5300.0000    11/1/2017   (2) 11/1/2019   Common Stock   5300.0000   $0.0000   0.0000   D    
Restricted Stock Unit     (1) 5/16/2017     M         8334.0000    12/4/2016   (3) 12/4/2018   Common Stock   8334.0000   $0.0000   0.0000   D    
Restricted Stock Unit     (1) 5/16/2017     M         2834.0000    12/12/2015   (4) 12/12/2017   Common Stock   2834.0000   $0.0000   0.0000   D    

Explanation of Responses:
(1)  Under the terms of the Amended and Restated 2005 Tesco Corporation Incentive Plan, there is no conversion price. Each RSU represents a contingent right to receive one share of TESO common stock.
(2)  The restricted stock units were granted on November 1, 2016 with vesting to occur in three equal annual installments beginning November 1, 2017. Vesting of the remaining shares of this grant were accelerated by approval of the Board of Directors upon Mr. Dyment's May 16, 2017 retirement.
(3)  The restricted stock units were granted on December 14, 2015 with vesting to occur in three equal annual installments beginning December 14, 2016. Vesting of the remaining shares of this grant were accelerated by approval of the Board of Directors upon Mr. Dyment's May 16, 2017 retirement.
(4)  The restricted stock units were granted on December 12, 2014 with vesting to occur in three equal annual installments beginning December 12, 2015. Vesting of the remaining shares of this grant were accelerated by approval of the Board of Directors upon Mr. Dyment's May 16, 2017 retirement.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Dyment Fred J
11330 CLAY ROAD
SUITE 350
HOUSTON, TX 77041 		X



Signatures
Brian Kelly, Attorney-in-Fact 5/18/2017
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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