Civeo Corp — Director's Dealing 2017

Feb 27, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Civeo Corp (CVEO)
CIK: 0001590584
Period of Report: 2017-02-23

Reporting Person: Steininger Frank (See Remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-23	Common Share	M	129630	—	Acquired	377035	Direct
2017-02-23	Common Share	F	35894	$3.26	Disposed	341141	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-02-23	Phantom Share	$	M	64815	Disposed		Common Share (64815)	Direct
2017-02-23	Restricted Share Unit	$	M	64815	Disposed		Common Share (64815)	Direct

Footnotes

F1: Each phantom share is the economic equivalent of one Civeo common share and is payable in cash or shares. The phantom shares vest at various times based on the grant date. 64,815 shares vested on February 23, 2017.

F2: Each restricted share unit is the economic equivalent of one Civeo common share and is payable in cash or shares. The restricted share units vest at various times based on the grant date. 64,815 units vested on February 23, 2017.