Barclay Brewer - Feb 22, 2024 Form 4 Insider Report for Civeo Corp (CVEO)

Role
Vice President and Controller
Signature
/s/Barclay Brewer, by Bradley Dodson, as Attorney-in-Fact
Stock symbol
CVEO
Transactions as of
Feb 22, 2024
Transactions value $
-$73,315
Form type
4
Date filed
2/26/2024, 09:28 PM
Previous filing
Feb 27, 2023
Next filing
Feb 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVEO Common Shares Options Exercise +2.27K +32.2% 9.33K Feb 22, 2024 Direct F1
transaction CVEO Common Shares Disposed to Issuer -$51.2K -2.27K -24.36% $22.51 7.06K Feb 22, 2024 Direct
transaction CVEO Common Shares Award $0 +2.21K +31.24% $0.00 9.26K Feb 22, 2024 Direct F2
transaction CVEO Common Shares Tax liability -$22.1K -984 -10.62% $22.51 8.28K Feb 22, 2024 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 Options Exercise $0 -2.27K -20.35% $0.00 8.89K Feb 22, 2024 Common Share 2.27K 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 payable in cash. the phantom shares vest at various times based on grant date. 2,273 shares vested on February 22, 2024.
F2 Settlement of performance share award under the 2014 Equity Participation Plan of Civeo Corporation that cliff vested at 97% on the third anniversary of February 22, 2021.