Ashok Belani - Mar 4, 2022 Form 4 Insider Report for SCHLUMBERGER LIMITED/NV (SLB)

Role: EVP New Energy
Signature: /s/ Samantha Blons, Attorney-in-Fact
Stock symbol: SLB
Transactions as of: Mar 4, 2022
Transactions value $: -$138,552
Form type: 4
Date filed: 3/8/2022, 03:23 PM
Previous filing: Jan 25, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SLB	Common Stock, $0.01 Par Value Per Share	Award	$0	+9.17K	+2.39%	$0.00	393K	Mar 4, 2022	Direct	F1
transaction	SLB	Common Stock, $0.01 Par Value Per Share	Tax liability	-$139K	-3.61K	-0.92%	$38.38	389K	Mar 4, 2022	Direct
holding	SLB	Common Stock, $0.01 Par Value Per Share						4.52K	Mar 4, 2022	SL Int'l P/S Plan

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Company granted performance share units ("PSUs") to the reporting person on January 16, 2019. Vesting of the PSUs was based on three-year Company performance relative to select key competitors. Most of these competitors had not reported their 2021 audited financial results when the Company's compensation committee met in January 2022 to certify performance under the PSUs. As a result, the Company's compensation committee approved the issuance of 90% of the shares that the committee determined had been earned according to the information available to the committee at the time. As of March 4, 2022, all such competitors had reported their 2021 audited financial results. Shares of common stock reported hereunder represent shares finally determined to have been earned under the PSUs.

Content

The Company granted performance share units ("PSUs") to the reporting person on January 16, 2019. Vesting of the PSUs was based on three-year Company performance relative to select key competitors. Most of these competitors had not reported their 2021 audited financial results when the Company's compensation committee met in January 2022 to certify performance under the PSUs. As a result, the Company's compensation committee approved the issuance of 90% of the shares that the committee determined had been earned according to the information available to the committee at the time. As of March 4, 2022, all such competitors had reported their 2021 audited financial results. Shares of common stock reported hereunder represent shares finally determined to have been earned under the PSUs.