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

Role
SVP, Australia
Signature
/s/ Peter McCann, by Bradley J. Dodson, as Attorney-in-Fact
Issuer symbol
CVEO
Transactions as of
23 Feb 2024
Net transactions value
-$122,461
Form type
4
Filing time
27 Feb 2024, 17:06:51 UTC
Previous filing
26 Feb 2024
Next filing
05 Mar 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 +2,099 +4.1% 52,714 23 Feb 2024 Direct F1
transaction CVEO Common Shares Disposed to Issuer $47,018 -2,099 -4% $22.40 50,615 23 Feb 2024 Direct
transaction CVEO Common Shares Options Exercise +3,368 +6.7% 53,983 25 Feb 2024 Direct F2
transaction CVEO Common Shares Disposed to Issuer $75,443 -3,368 -6.2% $22.40 50,615 25 Feb 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 -2,099 -16% $0.000000 10,936 23 Feb 2024 Common Shares 2,099 Direct F1
transaction CVEO Phantom Shares Options Exercise $0 -3,368 -31% $0.000000 7,568 25 Feb 2024 Common Shares 3,368 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.