Gavin Rennick - Mar 3, 2023 Form 4 Insider Report for SCHLUMBERGER LIMITED/NV (SLB)

Role: President New Energy
Signature: /s/ Samantha Blons, Attorney-in-Fact
Stock symbol: SLB
Transactions as of: Mar 3, 2023
Transactions value $: -$247,493
Form type: 4
Date filed: 3/7/2023, 05:32 PM
Previous filing: Jan 30, 2023
Next filing: Mar 10, 2023

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	+11.4K	+14.71%	$0.00	88.9K	Mar 3, 2023	Direct	F1
transaction	SLB	Common Stock, $0.01 Par Value Per Share	Tax liability	-$247K	-4.49K	-5.05%	$55.17	84.4K	Mar 3, 2023	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 15, 2020. Vesting of the PSUs was based on three-year Company performance relative to select key competitors. Most of these competitors had not reported their 2022 audited financial results when the Company's compensation committee met in January 2023 to certify performance under the PSUs. As a result, the Company's compensation committee approved the issuance of 80% of the shares that the committee determined had been earned according to the information available to the committee at the time. As of March 3, 2023, all such competitors had reported their 2022 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 15, 2020. Vesting of the PSUs was based on three-year Company performance relative to select key competitors. Most of these competitors had not reported their 2022 audited financial results when the Company's compensation committee met in January 2023 to certify performance under the PSUs. As a result, the Company's compensation committee approved the issuance of 80% of the shares that the committee determined had been earned according to the information available to the committee at the time. As of March 3, 2023, all such competitors had reported their 2022 audited financial results. Shares of common stock reported hereunder represent shares finally determined to have been earned under the PSUs.