Peter McCann - 02 Mar 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: 02 Mar 2025
Net transactions value: -$59,834
Form type: 4
Filing time: 04 Mar 2025, 15:40:12 UTC
Previous filing: 27 Feb 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		+2,783	+5.4%		54,764	02 Mar 2025	Direct	F1
transaction	CVEO	Common Shares	Disposed to Issuer	$59,834	-2,783	-5.1%	$21.50	51,981	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	-2,783	-27%	$0.000000	7,667	02 Mar 2025	Common Shares	2,783		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. 2,783 shares vested on March 2, 2025.