Olivier Le Peuch - Mar 1, 2024 Form 4 Insider Report for SCHLUMBERGER LIMITED/NV (SLB)

Role: Chief Executive Officer, Director
Signature: /s/ Samantha Blons, Attorney-in-Fact
Stock symbol: SLB
Transactions as of: Mar 1, 2024
Transactions value $: -$1,068,942
Form type: 4
Date filed: 3/5/2024, 05:50 PM
Previous filing: Jan 23, 2024

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	+55.1K	+5.12%	$0.00	1.13M	Mar 1, 2024	Direct	F1
transaction	SLB	Common Stock, $0.01 Par Value Per Share	Tax liability	-$1.07M	-21.7K	-1.92%	$49.26	1.11M	Mar 1, 2024	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 20, 2021. Vesting of the PSUs was based on three-year Company performance relative to select key competitors. Most of these competitors had not reported their 2023 audited financial results when the Company's compensation committee met in January 2024 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 1, 2024, all such competitors had reported their 2023 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 20, 2021. Vesting of the PSUs was based on three-year Company performance relative to select key competitors. Most of these competitors had not reported their 2023 audited financial results when the Company's compensation committee met in January 2024 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 1, 2024, all such competitors had reported their 2023 audited financial results. Shares of common stock reported hereunder represent shares finally determined to have been earned under the PSUs.