Civeo Corp — Director's Dealing 2018

Feb 27, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Civeo Corp (CVEO)
CIK: 0001590584
Period of Report: 2018-02-23

Reporting Person: Dodson Bradley J (Director, See Remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-02-23	Common Share	M	185186	—	Acquired	1045191	Direct
2018-02-23	Common Share	D	185186	$3.74	Disposed	860005	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-02-23	Phantom Share	$	M	92593	Disposed		Common Share (92593)	Direct
2018-02-23	Restricted Stock Units	$	M	92593	Disposed		Common Share (92593)	Direct

Footnotes

F1: Each phantom share is the economic equivalent of Civeo common share and is payable in cash. The phantom shares vest at various times based on the grant date. 92,593 shares vested on February 23, 2018.

F2: Each restricted stock unit is the economic equivalent of one Civeo common share and is payable in cash. The restricted stock units vest at various times based on the grant date. 92,593 units vested on February 23, 2018.