Bradley J. Dodson - Feb 23, 2024 Form 4 Insider Report for Civeo Corp (CVEO)

Signature
/s/ Bradley J. Dodson, Attorney-in-Fact
Stock symbol
CVEO
Transactions as of
Feb 23, 2024
Transactions value $
-$729,030
Form type
4
Date filed
2/27/2024, 05:06 PM
Previous filing
Feb 26, 2024
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVEO Common Shares Options Exercise +13.5K +5.93% 241K Feb 23, 2024 Direct F1
transaction CVEO Common Shares Disposed to Issuer -$302K -13.5K -5.6% $22.40 227K Feb 23, 2024 Direct
transaction CVEO Common Shares Options Exercise +19.1K +8.38% 246K Feb 25, 2024 Direct F2
transaction CVEO Common Shares Disposed to Issuer -$427K -19.1K -7.74% $22.40 227K Feb 25, 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 -13.5K -17.16% $0.00 65.1K Feb 23, 2024 Common Shares 13.5K Direct F1
transaction CVEO Phantom Shares Options Exercise $0 -19.1K -29.28% $0.00 46K Feb 25, 2024 Common Shares 19.1K Direct F2
* 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. 13,486 shares vested on February 23, 2024.
F2 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. 19,060 shares vested on February 25, 2024.