Peter McCann - 23 Feb 2023 Form 4 Insider Report for Civeo Corp (CVEO)

Role
SVP, Australia
Signature
/s/ Peter McCann, by Bradley J. Dodson, Attorney-in-Fact
Issuer symbol
CVEO
Transactions as of
23 Feb 2023
Net transactions value
-$220,129
Form type
4
Filing time
27 Feb 2023, 15:36:52 UTC
Previous filing
23 Feb 2023
Next filing
26 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVEO Common Shares Options Exercise $0 +7,117 +18% $0.000000 46,855 25 Feb 2023 Direct F1
transaction CVEO Common Shares Disposed to Issuer $220,129 -7,117 -15% $30.93 39,738 25 Feb 2023 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 +6,298 +36% $0.000000 23,890 23 Feb 2023 Common Shares 6,298 Direct F2
transaction CVEO Phantom Shares Options Exercise $0 -7,117 -30% $0.000000 16,773 25 Feb 2023 Common Shares 7,117 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each phantom share was the economic equivalent of one Civeo common share and is payable in cash. The phantom shares vest at various times based on the grant date. 7,117 shares vested on February 25, 2023.
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 23, 2023.

Remarks:

Senior Vice President, Australia