Peter McCann - Feb 23, 2024 Form 4 Insider Report for Civeo Corp (CVEO)

Role
SVP, Australia
Signature
/s/ Peter McCann, by Bradley J. Dodson, as Attorney-in-Fact
Stock symbol
CVEO
Transactions as of
Feb 23, 2024
Transactions value $
-$122,461
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 +2.1K +4.15% 52.7K Feb 23, 2024 Direct F1
transaction CVEO Common Shares Disposed to Issuer -$47K -2.1K -3.98% $22.40 50.6K Feb 23, 2024 Direct
transaction CVEO Common Shares Options Exercise +3.37K +6.65% 54K Feb 25, 2024 Direct F2
transaction CVEO Common Shares Disposed to Issuer -$75.4K -3.37K -6.24% $22.40 50.6K 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 -2.1K -16.1% $0.00 10.9K Feb 23, 2024 Common Shares 2.1K Direct F1
transaction CVEO Phantom Shares Options Exercise $0 -3.37K -30.8% $0.00 7.57K Feb 25, 2024 Common Shares 3.37K 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 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. 2,099 shares vested on February 23, 2024.
F2 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. 3,368 shares vested on February 25, 2024.