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: Stone Carolyn J (VP, Controller & Corporate Sec)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-23	Common Shares	M	104168	—	Acquired	232586	Direct
2019-02-23	Common Shares	D	104168	$2.62	Disposed	128418	Direct
2019-02-23	Common Shares	A	208334	—	Acquired	336752	Direct
2019-02-23	Common Shares	F	81979	$2.62	Disposed	254773	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-02-23	Phantom Shares	$	M	52084	Disposed		Common Shares (52084.0)	Direct
2019-02-23	Restricted Share Units	$	M	52084	Disposed		Common Shares (52084.0)	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. 52,084 shares vested on February 23, 2019.

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. 52,084 units vested on February 23, 2019.

F3: 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.