Steininger Frank 4
4 · Civeo Corp · Filed Feb 26, 2019
Insider Transaction Report
Form 4
Civeo CorpCVEO
Steininger Frank
See Remarks
Transactions
- Award
Common Shares
2019-02-23+777,778→ 1,350,533 total - Tax Payment
Common Shares
2019-02-23$2.62/sh−300,077$786,202→ 1,050,456 total - Exercise/Conversion
Phantom Shares
2019-02-23−64,815→ 0 total→ Common Shares (64,815 underlying) - Exercise/Conversion
Common Shares
2019-02-23+129,629→ 702,384 total - Exercise/Conversion
Restricted Share Units
2019-02-23−64,814→ 0 total→ Common Shares (64,814 underlying) - Disposition to Issuer
Common Shares
2019-02-23$2.62/sh−129,629$339,628→ 572,755 total
Footnotes (3)
- [F1]Each 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. 64,815 shares vested on February 23, 2019.
- [F2]Each restricted share unit is the economic equivalent of one Civeo common share and is payable in cash. The restricted share units vest at various times based on the grant date. 64,814 units vested on February 23, 2019.
- [F3]Settlement of performance share award under the 2014 Equity Participation Plan of Civeo Corporation that cliff vested at a 200% level on the third anniversary of February 23, 2016.