Oestdahl Kjell-Erik 4
4 · SCHLUMBERGER LTD /NV/ · Filed Jan 22, 2013
Insider Transaction Report
Form 4
Oestdahl Kjell-Erik
Vice President
Transactions
- Award
NQ Stock Option (right to buy) w/tandem Tax w/h right
2013-01-17+72,000→ 72,000 totalExercise: $73.25From: 2014-01-17Exp: 2023-01-17→ Common Stock, $0.01 par value per share (72,000 underlying) - Award
Performance Share Unit (PSU)
2013-01-17+12,650→ 12,650 totalExercise: $0.00→ Common Stock, $0.01 par value per share (12,650 underlying) - Award
Performance Share Unit (PSU)
2013-01-17+25,300→ 25,300 totalExercise: $0.00→ Common Stock, $0.01 par value per share (25,300 underlying)
Footnotes (4)
- [F1]This option becomes exercisable in five equal annual installments beginning January 17, 2014.
- [F2]Each performance share will settle for between 0 to 2.5 shares of common stock in the first quarter of 2014 based on achievement of performance measures over a one-year period, following certification by the Compensation Committee of performance results.
- [F3]Each performance share will settle for between 0 to 2.5 shares of common stock in the first quarter of 2015 based on achievement of performance measures over a two-year period, following certification by the Compensation Committee of performance results.
- [F4]Each performance share will settle for between 0 to 2.5 shares of common stock in the first quarter of 2016 based on achievement of performance measures over a three-year period, following certification by the Compensation Committee of performance results.