SEC Form 4 · accession 0001127602-15-002131
SLB LIMITED/NV · SLB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Aaron Gatt Floridia
Officer — President
Period of report
Jan 15, 2015
Accepted (ET)
Jan 20, 2015 · 12:55 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000087347
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.01 Par Value Per ShareF1 | Jan 17, 2015 | A | 11,528 | $0.00 | A | 30,634 | D | |
| Common Stock, $0.01 Par Value Per ShareF2 | Jan 17, 2015 | M | 8,800 | $0.00 | A | 39,434 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-qualified Stock Option (Right to Buy)F3 | $77.795 | Jan 15, 2015 | A | 71,000 | A | Jan 15, 2016 | Jan 15, 2025 | Common Stock, $0.01 Par Value Per Share | 71,000 | 71,000 | D |
| Stock RightF4 | $0.00 | Jan 17, 2015 | M | 8,800 | D | Jan 17, 2015 | Jan 17, 2015 | Common Stock, $0.01 Par Value Per Share | 8,800 | 0 | D |
Explanation of responses
- F1These shares of Schlumberger common stock were issued to the reporting person in connection with the Company attainment of the performance criterion underlying 2-year performance share units that were granted in January 2013 for the 2014 performance period.
- F2The stock rights that were issued to the reporting person on January 16, 2014 convert into common stock on a one-for-one basis.
- F3This option becomes exercisable in five equal annual installments beginning January 15, 2016.
- F48,800 shares of common stock were earned by the reporting person on January 16, 2014 upon vesting of the underlying performance share units, but were subject to a holding period under French law. This restriction lapsed on January 17, 2015.