SEC Form 4 · accession 0001437749-16-026057
Civeo Corp · CVEO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank Steininger
Officer — See Remarks
Period of report
Feb 23, 2016
Accepted (ET)
Feb 25, 2016 · 4:33 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001590584
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom SharesF1 | — | Feb 23, 2016 | A | 194,445 | A | — | — | Common Shares | 194,445 | 194,445 | D |
Explanation of responses
- F1Phantom 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 23, 2016. Each phantom share is the economic equivalent of one Civeo Corporation common share and is payable in cash.
Remarks
Senior Vice President, Chief Financial Officer and Treasurer