Peter McCann - 23 Feb 2025 Form 4 Insider Report for Civeo Corp (CVEO)

Role: SVP, Australia
Signature: /s/ Peter McCann, by Bradley J. Dodson, Attorney-in-Fact
Issuer symbol: CVEO
Transactions as of: 23 Feb 2025
Net transactions value: -$57,324
Form type: 4
Filing time: 24 Feb 2025, 19:23:28 UTC
Previous filing: 01 May 2024
Next filing: 27 Feb 2025
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	+4.6%		47,494	23 Feb 2025	Direct	F1
transaction	CVEO	Common Shares	Disposed to Issuer	$57,324	-2,099	-4.4%	$27.31	45,395	23 Feb 2025	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	-13%	$0.000000	13,819	23 Feb 2025	Common Shares	2,099		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. 2,099 shares vested on February 23, 2025.