Form 4 for CVEO Civeo Corp
Accepted 2022-03-02 00:00:00 ET · period of report 2022-02-25 · accession 0001590584-22-000037 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-03-02 | 2022-02-25 | CVEO | McCann Peter | SVP, Australia | A - Grant | $0.00 | +7,790 | 46.4K | +20% | $0 |
| D | 2022-03-02 | 2022-02-25 | CVEO | McCann Peter | SVP, Australia | S - Sale | $22.49 | -6,650 | 39.7K | -14% | -$149.6K |
| D | 2022-03-02 | 2022-02-25 | CVEO | McCann Peter | SVP, Australia | A - Grant | $0.00 | +10.1K | 21.3K | +90% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Shares | 2022-02-25 | A | A | 7,790 | $0.00 | 46,388 | D | — | — | (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. |
| 2 | Common | Common Shares | 2022-02-25 | S | D | 6,650 | $22.49 | 39,738 | D | — | — | (F2) Mr. McCann sold 6,650 shares in multiple trades at prices ranging from $22.28 to $22.66. 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. |
| 3 | Derivative | Phantom Shares | 2022-02-25 | A | A | 10,105 | $0.00 | 21,329 | D | — · — to — | 10,105 Common Shares | (F3) 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. |