SEC Form 4 · accession 0001437749-18-003084
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 21, 2018
Accepted (ET)
Feb 22, 2018 · 3:56 pm EST
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 | Feb 21, 2018 | M | 10,703 | — | A | 477,017 | D | |
| Common Shares | Feb 21, 2018 | D | 10,703 | $3.29 | D | 466,314 | D | |
| Common Shares | Feb 21, 2018 | F | 7,818 | $3.29 | D | 458,496 | 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 | — | Feb 21, 2018 | M | 10,703 | D | — | — | Common Shares | 10,703 | 21,407 | 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. 10,703 shares vested on February 21, 2018.