Peter McCann - Feb 25, 2022 Form 4 Insider Report for Civeo Corp (CVEO)

Role
SVP, Australia
Signature
/s/ Peter McCann, by Bradley J. Dodson, Attorney-in-Fact
Stock symbol
CVEO
Transactions as of
Feb 25, 2022
Transactions value $
-$149,559
Form type
4
Date filed
3/2/2022, 07:19 PM
Previous filing
Mar 1, 2022
Next filing
Feb 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVEO Common Shares Award $0 +7.79K +20.18% $0.00 46.4K Feb 25, 2022 Direct F1
transaction CVEO Common Shares Sale -$150K -6.65K -14.34% $22.49 39.7K Feb 25, 2022 Direct F2

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 +10.1K +90.03% $0.00 21.3K Feb 25, 2022 Common Shares 10.1K Direct F3
* 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 Mr. McCann sold 6,650 shares in multiple trades at prices ranging from $22.28 to $22.66. The price reported above reflects the weighted average price. Mr. McCann hereby undertakes to provide the Securities and Exchange Commission staff ("staff"), the issuer or any security holder of the issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
F3 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:

Senior Vice President, Australia