Allan Schoening - Feb 25, 2022 Form 4 Insider Report for Civeo Corp (CVEO)

Role: SVP, Canada
Signature: /s/ Allan Schoening, by Bradley J. Dodson, as Attorney-in-Fact
Stock symbol: CVEO
Transactions as of: Feb 25, 2022
Transactions value $: -$117,847
Form type: 4
Date filed: 3/2/2022, 07:16 PM
Previous filing: Mar 1, 2022
Next filing: Mar 8, 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CVEO	Common Shares	Award	$0	+11.2K	+51.73%	$0.00	32.8K	Feb 25, 2022	Direct	F1
transaction	CVEO	Common Shares	Tax liability	-$118K	-5.36K	-16.36%	$21.97	27.4K	Feb 25, 2022	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CVEO	Phantom Shares	Award	$0	+13.8K	+86.97%	$0.00	29.7K	Feb 25, 2022	Common Share	13.8K		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Settlement of performance share award under the 2014 Equity Participation Plan of Civeo Corporation that cliff vested at 126% on the third anniversary of February 25, 2019.
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, 2022.

Remarks:

President, Canada