SEC Form 4 · accession 0001437749-16-033141
Civeo Corp · CVEO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Allan Schoening
Officer — See Remarks
Period of report
May 30, 2016
Accepted (ET)
Jun 1, 2016 · 11:42 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001590584
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1 | May 30, 2016 | M | 1,446 | — | A | 1,446 | D | |
| Common Shares | May 30, 2016 | D | 1,446 | $2.00 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom SharesF1 | — | May 30, 2016 | M | 1,446 | D | — | — | Common Shares | 1,446 | 1,445 | D |
Explanation of responses
- F1Each phantom share is the economic equivalent of one Civeo common share and is payable in cash. The phantom shares vest at various times based on the grant date. 1,446 shares vested on May 30, 2016.
Remarks
Senior Vice President, Human Resources/HS&E