SEC Form 4 · accession 0001127602-15-002174
SLB LIMITED/NV · SLB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Danton
Officer — Vice President-Director of Tax
Period of report
Jan 15, 2015
Accepted (ET)
Jan 20, 2015 · 2:27 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 | 3,668 | $0.00 | A | 43,806 | D | |
| Common Stock, $0.01 Par Value Per ShareF2 | Jan 20, 2015 | S | 1,982 | $79.50 | D | 41,824 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option (Right to Buy)F3 | $77.795 | Jan 15, 2015 | A | 1,285 | A | Jan 15, 2016 | Jan 15, 2025 | Common Stock, $0.01 Par Value Per Share | 1,285 | 1,285 | D |
| Non-qualified Stock Option (Right to Buy)F4 | $77.795 | Jan 15, 2015 | A | 16,715 | A | Jan 15, 2016 | Jan 15, 2025 | Common Stock, $0.01 Par Value Per Share | 16,715 | 16,715 | 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
- F2Shares sold to cover for payment of taxes and commissions upon vesting of performance share units.
- F3This option becomes exercisable in five equal annual installments beginning January 15, 2016.
- F4This option becomes exercisable in five equal annual installments beginning January 15, 2016.