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

Role: Chief Accounting Officer
Signature: /s/ Samantha Blons, Attorney-in-Fact
Stock symbol: SLB
Transactions as of: Mar 4, 2022
Transactions value $: -$30,781
Form type: 4
Date filed: 3/8/2022, 03:31 PM
Previous filing: Jan 28, 2022
Next filing: Oct 18, 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	+2.04K	+4.25%	$0.00	50K	Mar 4, 2022	Direct	F1
transaction	SLB	Common Stock, $0.01 Par Value Per Share	Tax liability	-$30.8K	-802	-1.6%	$38.38	49.2K	Mar 4, 2022	Direct

* 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.