S-8 1 oisasc20160513_s8.htm FORM S-8 oisasc20160513_s8.htm

As filed with the Securities and Exchange Commission on May 16, 2016

Registration No. 333-            

 

 

 


SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


FORM S-8

REGISTRATION STATEMENT

UNDER

THE SECURITIES ACT OF 1933

  


 Civeo Corporation 

(Exact name of registrant as specified in charter)

 


 

 

British Columbia, Canada

 

98-1253716

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. Employer

Identification Number)

Three Allen Center

333 Clay Street, Suite 4980

Houston, Texas 77002

(713) 510-2400

(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)

 

Amended and Restated 2014 Equity Participation Plan of Civeo Corporation

(Full title of the plan)

 

Bradley J. Dodson

President and Chief Executive Officer

333 Clay Street, Suite 4980

Houston, Texas 77002

(713) 510-2400

(Address, including zip code, and telephone number, including area code, of agent for service)

 

With a copy to:

 

Tull R. Florey

Baker Botts L.L.P.

910 Louisiana Street

Houston, Texas 77002-4995

(713) 229-1379

 


Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

 

 
 

 

 

Large accelerated filer

 

  

Accelerated filer

 

       

Non-accelerated filer

 

  (Do not check if a smaller reporting company)

  

Smaller reporting company

 

 

CALCULATION OF REGISTRATION FEE

 

                 

 

Title of each Class of

Securities to be Registered

 

Amount

to be
Registered(1)

 

Proposed
Maximum
Offering Price
Per Share(2)

 

Proposed
Maximum
Aggregate

Offering Price(2)

 

Amount of

Registration Fee

Common shares, no par value

 

10,000,000

 

$1.815

 

$18,150,000

 

$1,827.71

 

 

(1)

Includes common shares to be issued pursuant to the Amended and Restated 2014 Equity Participation Plan of Civeo Corporation (the “Plan”). Pursuant to Rule 416(a) under the Securities Act of 1933, as amended, this registration statement shall also be deemed to register and cover any additional common shares of Civeo Corporation which may be issued under the Plan as the result of any share dividend, share split, reverse share split, extraordinary cash dividend resulting from a nonrecurring event that is not a payment of normal corporate earnings, combination, reclassification or similar change in the capital structure of Civeo Corporation without receipt of consideration.

(2)

Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(c) and Rule 457(h) under the Securities Act, based upon the average of the high and low sales prices of the common shares on May 9, 2016, as quoted on the New York Stock Exchange.

 

 
 

 

 

REGISTRATION OF ADDITIONAL SECURITIES

 

This Registration Statement on Form S-8 (this “Registration Statement”) is being filed by Civeo Corporation (the “Company”) pursuant to General Instruction E of Form S-8 under the Securities Act of 1933, as amended (the “Securities Act”), to register an additional 10,000,000 common shares, no par value, pursuant to its Amended and Restated 2014 Equity Participation Plan (the “Plan”). The board of directors of the Company recommended for approval and, on May 12, 2016, the shareholders of the Company approved an amendment and restatement of the Plan that increased the number of shares available for issuance under the Plan from 4,000,000 to 14,000,000. The contents of the Registration Statement on Form S-8 of the Company filed on May 27, 2014 (No. 333-196292), as amended by Post-Effective Amendment No. 1 to such Registration Statement filed on July 17, 2015, relating to the Plan are incorporated by reference into this Registration Statement.

 

 

PART II

 

INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

 

Item 8. Exhibits.

 

See Exhibit Index.

 

 
 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Act, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement on Form S-8 to be signed on its behalf by the undersigned, thereunto duly authorized, in Houston, Texas, on May 16, 2016.

  Civeo Corporation
     
 

By:

 

/s/ Bradley J. Dodson

   

 

Bradley J. Dodson

   

 

President and Chief Executive Officer

 

 

POWER OF ATTORNEY

 

Each of the undersigned, in his or her capacity as an officer or director of Civeo Corporation, does hereby appoint Bradley J. Dodson and Frank C. Steininger, each of whom may act without the joinder of the other, as his or her true and lawful attorneys-in-fact and agents with power to act and with full power of substitution and resubstitution, to execute in his or her name, place and stead, in his or her capacity as a director of the Company, this Registration Statement on Form S-8 and all instruments necessary or incidental in connection therewith, with such amendment or amendments thereto in each case as said attorneys-in-fact and agents or any of them shall deem necessary or appropriate, together with any and all exhibits and other documents relating thereto as said attorneys-in-fact and agents or any of them shall deem necessary or appropriate or incidental in connection therewith, and to file the same or cause the same to be filed with the Securities and Exchange Commission. Said attorneys-in-fact and agents shall have full power and authority to do and perform in the name and on behalf of each of the undersigned, in any and all capacities, every act whatsoever necessary or desirable to be done to the premises, as fully and to all intents and purposes as each of the undersigned might or could do in person, each of the undersigned hereby ratifying and approving the acts of said attorneys-in-fact and agents or any of them or their substitutes.

 

Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on May 16, 2016.

  

Signature

Title

  

  

/s/ Bradley J. Dodson    

President, Chief Executive Officer

Bradley J. Dodson    

and Director

(Principal Executive Officer and

Authorized Representative in the United States)

 

  

  

  

/s/ Frank C. Steininger

 Senior Vice President,

Frank C. Steininger

Chief Financial Officer and Treasurer

(Principal Financial and Accounting Officer)

  

  

  

  

/s/ Douglas E. Swanson

Chairman of the Board

Douglas E. Swanson

  

  

  

/s/ C. Ronald Blankenship

Director

C. Ronald Blankenship

  

 

/s/ Martin A. Lambert

Director

Martin A. Lambert

  

 

 
 

 

 

/s/ Constance B. Moore

Director

Constance B. Moore

  

  

  

/s/ Richard A. Navarre

Director

Richard A. Navarre

  

  

  

/s/ Charles Szalkowski

Director

Charles Szalkowski

  

 

 
 

 

 

EXHIBIT INDEX

 

         

Number

   

  


Exhibit

     

4.1*

 

-

  

Notice of Articles of Civeo Corporation (incorporated herein by reference to Exhibit 3.1 to the Current Report on Form 8-K12B (File No. 001-36246) filed on July 17, 2015).

     

4.2*

 

-

  

Amended and Restated Articles of Civeo Corporation (incorporated herein by reference to Exhibit 3.1 to the Current Report on Form 8-K (File No. 001-36246) filed on May 13, 2016). 

     

4.3*

 

-

  

Amended and Restated 2014 Equity Participation Plan of Civeo Corporation (incorporated herein by reference to Annex B of Civeo Corporation’s definitive proxy statement on Schedule 14A (File No. 001-36246) filed on April 11, 2016).

 

5.1

 

 

-

  

 

Opinion of Dentons Canada LLP.

     

23.1

 

-

  

Consent of Ernst & Young LLP.

 

23.2

 

 

-

  

 

Consent of Dentons Canada LLP (included in Exhibit 5.1).

 

24.1

 

 

-

  

 

Powers of Attorney (included on the signature page herein).

 

 

*

Incorporated herein by reference as indicated.