Olivier le Peuch - 04 Mar 2022 Form 4 Insider Report for SCHLUMBERGER LIMITED/NV (SLB)

Role: Chief Executive Officer, Director
Signature: /s/ Samantha Blons, Attorney-in-Fact
Issuer symbol: SLB
Transactions as of: 04 Mar 2022
Net transactions value: -$575,124
Form type: 4
Filing time: 08 Mar 2022, 15:40:15 UTC
Previous filing: 25 Jan 2022
Next filing: 20 Jan 2023
SEC: View on sec.gov

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	+8,154	+1.1%	$0.000000	760,978	04 Mar 2022	Direct	F1
transaction	SLB	Common Stock, $0.01 Par Value Per Share	Award	$0	+1,778	+0.23%	$0.000000	762,756	04 Mar 2022	Direct	F2
transaction	SLB	Common Stock, $0.01 Par Value Per Share	Award	$0	+28,145	+3.7%	$0.000000	790,901	04 Mar 2022	Direct	F3
transaction	SLB	Common Stock, $0.01 Par Value Per Share	Tax liability	$575,124	-14,985	-1.9%	$38.38	775,916	04 Mar 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.
F2	The Company granted performance share units ("PSUs") to the reporting person on April 17, 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.
F3	The Company granted performance share units ("PSUs") to the reporting person on August 1, 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.