CORE LABORATORIES N V 4
4 · CORE LABORATORIES N V · Filed Feb 17, 2015
Insider Transaction Report
Form 4
Transactions
- Award
Restricted Performance Shares
2015-02-16+17,685→ 17,685 totalExercise: $0.00→ Common Shares (17,685 underlying)
Footnotes (1)
- [F1]Assuming a recipient's continued employment (or death or disability while employed) and the satisfaction of certain performance goals is achieved, these awards would vest at the end of a three-year performance period that begins on January 1, 2015 and ends on the last NYSE trading day of December 2017 (the "Performance Period"). 80% of the restricted performance shares will vest only upon the Company's return on invested capital being in the top decile of the Company's peers as published by Bloomberg upon the close of the NYSE market on the last day of the Performance Period. The remaining 20% of the restricted performance shares will vest only upon the Company's return on invested capital being the highest among the Company's peers as published by Bloomberg upon the close of the NYSE market on the last day of the Performance Period. For any criterion that is not met, then the respective shares applicable to that criterion shall not vest and shall be forfeited.