0001140361-11-020507.txt : 20110404 0001140361-11-020507.hdr.sgml : 20110404 20110404162819 ACCESSION NUMBER: 0001140361-11-020507 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110401 FILED AS OF DATE: 20110404 DATE AS OF CHANGE: 20110404 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Elvig Mark F CENTRAL INDEX KEY: 0001435153 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14273 FILM NUMBER: 11736197 MAIL ADDRESS: STREET 1: 6316 WINDFERN CITY: HOUSTON STATE: TX ZIP: 77040 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CORE LABORATORIES N V CENTRAL INDEX KEY: 0001000229 STANDARD INDUSTRIAL CLASSIFICATION: OIL, GAS FIELD SERVICES, NBC [1389] IRS NUMBER: 000000000 STATE OF INCORPORATION: P7 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1017 BZ AMSTERDAM STREET 2: HERENGRACHT 424 CITY: THE NETHERLANDS STATE: P7 BUSINESS PHONE: 3124203191 MAIL ADDRESS: STREET 1: 6316 WINDFERN CITY: HOUSTON STATE: TX ZIP: 77040 4 1 doc1.xml FORM 4 X0303 4 2011-04-01 0 0001000229 CORE LABORATORIES N V CLB 0001435153 Elvig Mark F 6316 WINDFERN ROAD HOUSTON TX 77040 0 1 0 0 VP, Counsel & Secretary Common Shares 2011-04-01 4 M 0 700 0 A 10048 D Common Shares 2011-04-01 4 F 0 186 103.71 D 9862 D Common Shares 2456 I 401(k) Plan Restricted Shares 0 2011-04-01 4 M 0 700 0 D Common Shares 700 2100 D Restricted Performance Shares 0 2011-04-01 4 A 0 3500 0 A Common Shares 3500 3500 D Phantom Shares Common Shares 3917 3917 I Deferred Compensation Plan The Restricted Shares vest in the amount of 1/6th of the grant on each of the six annual anniversaries following the date of grant. The Restricted Performance Shares vest based on the Company's return on invested capital for the period that began on January 1, 2011 and ends on December 31, 2013 (the "performance period") as follows. If the Company's return on invested capital at the end of the performance period is in the top decile of the return on invested capital of the Company's peers as published by Bloomberg, then the Restricted Performance Shares will fully vest. If this criteria is not met, then no shares shall vest and the award will be forfeited. Each phantom share is the economic equivalent of our common share and may be settled only in cash upon the termination of the reporting person's employment. The phantom shares were acquired pursuant to the Core Laboratories LP Deferred Compensation Plan (the "Deferred Comp Plan") on various dates at various prices per unit. The number of phantom share units shown is based on an allocation of the aggregate number of units acquired by the Trustee under the Deferred Comp Plan for the benefit of the plan participants who elected to make deferrals into the unit fund under the Deferred Comp Plan at approximately the same time (pro rata, based on the dollar amount of each such participant's intra-plan deferral, rounding up or down to the nearest whole share). /s/ Mark Elvig 2011-04-04