Peter McCann - Feb 22, 2024 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 22, 2024
Transactions value $
-$84,142
Form type
4
Date filed
2/26/2024, 09:29 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 +3.74K +9.41% 43.5K Feb 22, 2024 Direct F1
transaction CVEO Common Shares Disposed to Issuer -$84.1K -3.74K -8.6% $22.51 39.7K Feb 22, 2024 Direct
transaction CVEO Common Shares Award $0 +10.9K +27.37% $0.00 50.6K Feb 22, 2024 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 Options Exercise $0 -3.74K -22.29% $0.00 13K Feb 22, 2024 Common Shares 3.74K 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. 3,738 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.