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SHARE-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of Nonvested Share Activity

The following table presents the changes in phantom share unit awards outstanding and related information for our employees during the years ended December 31, 2023, 2022 and 2021:

			Number of Awards
Nonvested shares at December 31, 2020			458,175
Granted			354,535
Vested			(163,499)
Forfeited			(27,081)
Nonvested shares at December 31, 2021			622,130
Granted			335,098
Vested			(270,382)
Forfeited			(27,558)
Nonvested shares at December 31, 2022			659,288
Granted			229,845
Vested			(335,178)
Forfeited			(33,394)
Nonvested shares at December 31, 2023			520,561

Schedule of Share-based Payment Award, Performance Share Awards, Valuation Assumptions

			2023						2022						2021
Risk-free weighted interest rate			4.4		%				1.7		%				0.2		%
Expected volatility			73.0		%				78.0		%				83.0		%
Initial TSR			4.1		%				14.1		%				27.1		%

Share-based Compensation, Performance Shares Award Nonvested Activity

The following table presents the changes in performance share awards outstanding and related information for our employees during the year ended December 31, 2023, 2022 and 2021: 

			Number of Awards						Weighted Average Grant Date Fair Value Per Share
Nonvested shares at December 31, 2020			152,312						$	52.86
Granted			130,649						26.86
Performance adjustment (1)			28,466						—
Vested			(93,922)						63.60
Forfeited			(1,296)						44.76
Nonvested shares at December 31, 2021			216,209						$	33.97
Granted			123,385						27.69
Performance adjustment (2)			22,235						—
Vested			(107,795)						44.76
Forfeited			—						—
Nonvested shares at December 31, 2022			254,034						$	29.81
Granted			86,454						38.45
Performance adjustment (3)			—						—
Vested (3)			—						—
Forfeited			(8,487)						32.67
Nonvested shares at December 31, 2023			332,001						$	32.37

(1)Related to 2018 performance share awards that vested in 2021, which were paid out at 150% based on Civeo's TSR rank.

(2)Related to 2019 performance share awards that vested in 2022, which were paid out at 126% based on Civeo's TSR rank.

(3)No performance share awards vested in 2023.

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity

The following table presents the changes in restricted share awards, restricted share units and deferred share awards outstanding and related information for our employees and non-employee directors during the years ended December 31, 2023, 2022 and 2021: 

			Number of Awards/Units						Weighted Average Grant Date Fair Value Per Share
Nonvested shares at December 31, 2020			105,091						$	34.56
Granted			59,027						17.58
Vested			(77,304)						35.76
Forfeited			(1,957)						30.36
Nonvested shares at December 31, 2021			84,857						$	21.76
Granted			40,465						25.64
Vested			(86,290)						21.83
Nonvested shares at December 31, 2022			39,032						$	25.62
Granted			50,336						21.02
Vested			(39,770)						25.53
Nonvested shares at December 31, 2023			49,598						$	21.02

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