Carolyn J. Stone - 23 Feb 2023 Form 4 Insider Report for Civeo Corp (CVEO)

Role
SVP, CFO & Treasurer
Signature
/s/ Carolyn Stone, by Bradley J. Dodson, Attorney-in-fact
Issuer symbol
CVEO
Transactions as of
23 Feb 2023
Net transactions value
-$335,529
Form type
4
Filing time
27 Feb 2023, 15:37:31 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 +10,848 +31% $0.000000 45,360 25 Feb 2023 Direct F1
transaction CVEO Common Shares Disposed to Issuer $335,529 -10,848 -24% $30.93 34,512 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 +11,634 +44% $0.000000 38,242 23 Feb 2023 Common Shares 11,634 Direct F2
transaction CVEO Phantom Shares Options Exercise $0 -10,848 -28% $0.000000 27,394 25 Feb 2023 Common Shares 10,848 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. 10,848 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, CFO and Treasurer