Carolyn J. Stone - 23 Feb 2024 Form 4 Insider Report for Civeo Corp (CVEO)

Role
SVP, CFO & Treasurer
Signature
/s/ Carolyn Stone, by Bradley J. Dodson, Attorney-in-fact
Issuer symbol
CVEO
Transactions as of
23 Feb 2024
Net transactions value
-$209,642
Form type
4
Filing time
27 Feb 2024, 17:26:28 UTC
Previous filing
26 Feb 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 +3,878 +9.1% 46,627 23 Feb 2024 Direct F1
transaction CVEO Common Shares Disposed to Issuer $86,867 -3,878 -8.3% $22.40 42,749 23 Feb 2024 Direct
transaction CVEO Common Shares Options Exercise +5,481 +13% 48,230 25 Feb 2024 Direct F2
transaction CVEO Common Shares Disposed to Issuer $122,774 -5,481 -11% $22.40 42,749 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 -3,878 -17% $0.000000 18,718 23 Feb 2024 Common Shares 3,878 Direct F1
transaction CVEO Phantom Shares Options Exercise $0 -5,481 -29% $0.000000 13,237 25 Feb 2024 Common Shares 5,481 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. 3,878 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. 5,481 shares vested on February 25, 2024.