Allan Schoening - 25 Feb 2022 Form 4 Insider Report for Civeo Corp (CVEO)

Role: SVP, Canada
Signature: /s/ Allan Schoening, by Bradley J. Dodson, as Attorney-in-Fact
Issuer symbol: CVEO
Transactions as of: 25 Feb 2022
Net transactions value: -$117,847
Form type: 4
Filing time: 02 Mar 2022, 19:16:18 UTC
Previous filing: 01 Mar 2022
Next filing: 08 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CVEO	Common Shares	Award	$0	+11,177	+52%	$0.000000	32,785	25 Feb 2022	Direct	F1
transaction	CVEO	Common Shares	Tax liability	$117,847	-5,364	-16%	$21.97	27,421	25 Feb 2022	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CVEO	Phantom Shares	Award	$0	+13,800	+87%	$0.000000	29,667	25 Feb 2022	Common Share	13,800		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Settlement of performance share award under the 2014 Equity Participation Plan of Civeo Corporation that cliff vested at 126% on the third anniversary of February 25, 2019.
F2	Phantom Share Award under the 2014 Equity Participation Plan of Civeo Corporation that vests in equal installments on each of the first three anniversaries of February 25, 2022.

Remarks:

President, Canada