Civeo Corp — Director's Dealing 2020

Feb 27, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Civeo Corp (CVEO)
CIK: 0001590584
Period of Report: 2020-02-25

Reporting Person: Dodson Bradley J (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-25	Common Shares	M	154479	—	Acquired	1798214	Direct
2020-02-25	Common Shares	D	154479	$1.32	Disposed	1643735	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-25	Phantom Shares	$	M	154479	Disposed		Common Shares (154479.0)	Direct
2020-02-25	Phantom Shares	$	A	951705	Acquired		Common Shares (951705.0)	Direct

Footnotes

F1: Each phantom share was the economic equivalent of one Civeo common share payable in cash. the phantom shares vest at various times based on grant date. 154,479 shares vested on February 25, 2020.

F2: Phantom Share Award under the 2014 Equity Participation Plan of Civeo Corporation that vests in equal installments on each of the first three anniversaries of February 25, 2020.