secwatch.observer — SEC 8-K summary
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Issuer:     Civeo Corp (CVEO)
CIK:        0001590584
Form:       8-K
Filed at:   2022-04-05T23:59:59+00:00
Accession:  0001590584-22-000051
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Civeo raises Carolyn Stone's change-of-control severance to 2.0x salary plus target incentive
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- Compensation committee approved amendment on April 4, 2022.
- Severance multiplier increased from 1.75x to 2.0x of base salary plus target annual incentive.
- Applies if qualified termination occurs within 18 months after a Change of Control.
- The agreement originally dated May 10, 2015.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590584/000159058422000051/0001590584-22-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590584/000159058422000051/cveo-20220404.htm
  HTML page:      https://secwatch.observer/filing/0001590584-22-000051

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer