Civeo Corp — Director's Dealing 2014

Jun 3, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Civeo Corp (CVEO)
CIK: 0001590584
Period of Report: 2014-05-30

Reporting Person: McCann Peter (See Remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-05-30	Common Stock	A	11092	—	Acquired	11092	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-05-30	Deferred Stock	$	A	1999	Acquired		Common Stock (1999)	Direct
2014-05-30	Deferred Stock	$	A	9255	Acquired		Common Stock (9255)	Direct
2014-05-30	Deferred Stock	$	A	10411	Acquired		Common Stock (10411)	Direct
2014-05-30	Deferred Stock	$	A	20822	Acquired		Common Stock (20822)	Direct
2014-05-30	Deferred Stock	$	A	32390	Acquired		Common Stock (32390)	Direct

Footnotes

F1: Distribution resulting from the spin-off of the Issuer from Oil States International, Inc. on May 30, 2014 (the "Spin-Off").

F2: Each share of deferred stock represents a contingent right to receive one share of common stock of the Issuer.

F3: Adjusted deferred stock resulting from the Spin-Off that vests completely on May 17, 2015. Amounts reported in this row are estimated as of June 2, 2014 based on preliminary information regarding the Spin-Off. Final amounts, if different, will be reported in a subsequent filing.

F4: Adjusted deferred stock resulting from the Spin-Off that vests equally over the two year period beginning February 16, 2015. Amounts reported in this row are estimated as of June 2, 2014 based on preliminary information regarding the Spin-Off. Final amounts, if different, will be reported in a subsequent filing.

F5: Adjusted deferred stock resulting from the Spin-Off that vests equally over the three year period beginning June 22, 2014. Amounts reported in this row are estimated as of June 2, 2014 based on preliminary information regarding the Spin-Off. Final amounts, if different, will be reported in a subsequent filing.

F6: Adjusted deferred stock resulting from the Spin-Off that vests equally over the three year period beginning February 19, 2015. Amounts reported in this row are estimated as of June 2, 2014 based on preliminary information regarding the Spin-Off. Final amounts, if different, will be reported in a subsequent filing.

F7: Adjusted deferred stock resulting from the Spin-Off that vests equally over the four year period beginning February 19, 2015. Amounts reported in this row are estimated as of June 2, 2014 based on preliminary information regarding the Spin-Off. Final amounts, if different, will be reported in a subsequent filing.