Elbridge Collin Gerry - 02 Mar 2025 Form 4 Insider Report for Civeo Corp (CVEO)

Role: SVP CFO and Treasurer
Signature: /s/ E. Collin Gerry, by Bradley J. Dodson, Attorney-in-Fact
Issuer symbol: CVEO
Transactions as of: 02 Mar 2025
Net transactions value: -$122,077
Form type: 4
Filing time: 04 Mar 2025, 15:39:39 UTC
Previous filing: 12 Mar 2025
Next filing: 05 Mar 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		+5,678	+294%		7,609	02 Mar 2025	Direct	F1
transaction	CVEO	Common Shares	Disposed to Issuer	$122,077	-5,678	-75%	$21.50	1,931	02 Mar 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	-5,678	-27%	$0.000000	15,100	02 Mar 2025	Common Shares	5,678		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 payable in cash. the phantom shares vest at various times based on grant date. 5,678 shares vested on March 2, 2025.