Rajeev Sonthalia - 03 Mar 2023 Form 4 Insider Report for SCHLUMBERGER LIMITED/NV (SLB)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
07 Mar 2023, 17:33:56 UTC
Prior SEC filing
30 Jan 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Samantha Blons, Attorney-in-Fact

Key filing fact

Rajeev Sonthalia filed Form 4 for SCHLUMBERGER LIMITED/NV (SLB) on 07 Mar 2023.

Key facts

  • This page summarizes Rajeev Sonthalia's Form 4 filing for SCHLUMBERGER LIMITED/NV (SLB).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 07 Mar 2023, 17:33.

Change

  • Previous filing in this sequence was filed on 30 Jan 2023.
  • Current net transaction value: -$295,601.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SLB transaction

Common Stock, $0.01 Par Value Per Share

Award

Transaction value
$0
Shares
+11,400
Change %
+38%
Price
$0.000000
Shares after
41,628
Date
03 Mar 2023
Ownership
Direct
Footnotes
F1
SLB transaction

Common Stock, $0.01 Par Value Per Share

Tax liability

Transaction value
$295,601
Shares
-5,358
Change %
-13%
Price
$55.17
Shares after
36,270
Date
03 Mar 2023
Ownership
Direct
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote 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.

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