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Civeo Corp — Director's Dealing 2020
Feb 24, 2020
33368_dirs_2020-02-24_0389a8b0-b63f-448f-9102-a7d838ab8a03.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Civeo Corp (CVEO)
CIK: 0001590584
Period of Report: 2020-02-20
Reporting Person: McCann Peter (SVP, Australia)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-02-20 | Common Shares | M | 20670 | — | Acquired | 360675 | Direct |
| 2020-02-20 | Common Shares | S | 10335 | $1.37 | Disposed | 350340 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-02-20 | Deferred Shares | $ | M | 20670 | Disposed | Common Shares (20670.0) | Direct |
Footnotes
F1: Each deferred share represents a contingent right to receive one Civeo common share. The deferred shares vest at various times based on the grant date. 20,670 shares vested on February 20, 2020.
F2: On February 24, 2020, pursuant to a plan of disposition adopted in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934 (the "10b5-1 Plan"), Mr. McCann sold 10,335 shares in multiple trades at prices ranging from $1.37 to $1.39. The price reported above reflects the weighted average price. Mr. McCann hereby undertakes to provide the Securities and Exchange Commission staff ("staff"), the issuer or any security holder of the issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.