Sec Form 4 Filing - Torgerson Lance @ Civeo Corp - 2022-01-03

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Torgerson Lance
2. Issuer Name and Ticker or Trading Symbol
Civeo Corp [ CVEO]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
9645 45 AVENUE NW
3. Date of Earliest Transaction (MM/DD/YY)
01/03/2022
(Street)
EDMONTON, A0T6E 5Z8
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/03/2022 S( 1 ) 3,702 D $ 19.57( 1 ) 1,432,660 I Torgerson Family Trust( 2 )
Common Stock 01/03/2022 S( 1 ) 548 D $ 19.57( 1 ) 447,541 I 989677 Alberta Ltd
Common Stock 01/10/2022 S( 3 ) 4,589 D $ 19.55( 3 ) 1,415,135 I Torgerson Family Trust( 2 )
Common Stock 01/10/2022 S( 3 ) 680 D $ 19.55( 3 ) 444,943 I 989677 Alberta Ltd
Common Stock 01/11/2022 S( 4 ) 4,754 D $ 19.74( 4 ) 1,410,381 I Torgerson Family Trust( 2 )
Common Stock 01/11/2022 S( 4 ) 704 D $ 19.74( 4 ) 444,239 I 989677 Alberta Ltd
Common Stock 01/12/2022 S( 5 ) 4,816 D $ 19.96( 5 ) 1,405,565 I Torgerson Family Trust( 2 )
Common Stock 01/12/2022 S( 5 ) 714 D $ 19.96( 5 ) 443,525 I 989677 Alberta Ltd
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Torgerson Lance
9645 45 AVENUE NW
EDMONTON, A0T6E 5Z8
X
Torgerson Tammy
9645 45 AVENUE NW
EDMONTON, A0T6E 5Z8
X
Signatures
/s/ Lance Torgerson 01/12/2022
Signature of Reporting Person Date
/s/ Tammy Torgerson 01/12/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The shares were sold in multiple trades pursuant to a 10b5-1 plan at prices ranging from $19.50 to $19.64. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
( 2 )Each of the reporting persons serves as a co-trustee of the trust and is a current or future beneficiary thereof.
( 3 )The shares were sold in multiple trades pursuant to a 10b5-1 plan at prices ranging from $19.50 to $19.72. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
( 4 )The shares were sold in multiple trades pursuant to a 10b5-1 plan at prices ranging from $19.50 to $20.07. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
( 5 )The shares were sold in multiple trades pursuant to a 10b5-1 plan at prices ranging from $19.63 to $20.26. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

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