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Civeo Corp — Director's Dealing 2021
Mar 1, 2021
33368_dirs_2021-03-01_ec432e43-2c8b-43e5-a6ad-601e939829e0.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: 2021-02-25
Reporting Person: McCann Peter (SVP, Australia)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-25 | Common Shares | M | 5810 | — | Acquired | 49619 | Direct |
| 2021-02-25 | Common Shares | D | 5810 | $19.16 | Disposed | 43809 | Direct |
| 2021-03-01 | Common Shares | S | 5211 | $17.78 | Disposed | 38598 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-25 | Phantom Shares | $ | M | 5810 | Disposed | Common Shares (5810.0) | 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. 5,810 shares vested on February 25, 2021.
F2: On March 1, 2021, 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 5,211 shares in multiple trades at prices ranging from $17.51 to $18.03. 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.