Civeo Corp — Director's Dealing 2019

Feb 26, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Civeo Corp (CVEO)
CIK: 0001590584
Period of Report: 2019-02-23

Reporting Person: Schoening Allan (President, Canada)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-23	Common Shares	M	69444	—	Acquired	74289	Direct
2019-02-23	Common Shares	D	69444	$2.62	Disposed	4845	Direct
2019-02-23	Common Shares	A	416666	—	Acquired	421511	Direct
2019-02-23	Common Shares	F	199992	$2.62	Disposed	221519	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-02-23	Phantom Shares	$	M	69444	Disposed		Common Shares (69444.0)	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. 69,444 shares vested on February 23, 2019.

F2: Settlement of performance share award under the 2014 Equity Participation Plan of Civeo Corporation that cliff vested at a 200% level on the third anniversary of February 23, 2016.