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

Role
President & CEO, Director
Signature
/s/ Bradley J. Dodson
Issuer symbol
CVEO
Transactions as of
23 Feb 2023
Net transactions value
-$1,407,222
Form type
4
Filing time
27 Feb 2023, 15:39:01 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 +45,497 +24% $0.000000 235,615 25 Feb 2023 Direct F1
transaction CVEO Common Shares Disposed to Issuer $1,407,222 -45,497 -19% $30.93 190,118 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 +40,459 +39% $0.000000 145,225 23 Feb 2023 Common Shares 40,459 Direct F2
transaction CVEO Phantom Shares Options Exercise $0 -45,497 -31% $0.000000 99,728 25 Feb 2023 Common Shares 45,497 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 is the economic equivalent of one Civeo Corporation common share and is payable in cash. The phantom shares vest at various times based on grant date. 45,497 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:

President and Chief Executive Officer