-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, UoS3odHvKdEqUzW/Ve9530KywQqVle4Kz9/q9/V5thnn6h509FG42ejs3n30AvJt fF/CuK9baEUlYMXlndMH7Q== 0001209191-07-007251.txt : 20070202 0001209191-07-007251.hdr.sgml : 20070202 20070202165612 ACCESSION NUMBER: 0001209191-07-007251 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070131 FILED AS OF DATE: 20070202 DATE AS OF CHANGE: 20070202 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DEMSHUR DAVID M CENTRAL INDEX KEY: 0001282547 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14273 FILM NUMBER: 07577209 BUSINESS ADDRESS: BUSINESS PHONE: 713 328 2104 MAIL ADDRESS: STREET 1: 6316 WINDFERN ROAD 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 h43211_3dmd.xml MAIN DOCUMENT DESCRIPTION X0202 4 2007-01-31 0001000229 CORE LABORATORIES N V CLB 0001282547 DEMSHUR DAVID M 6316 WINDFERN HOUSTON TX 77040 1 1 0 0 President & CEO Common Shares 2007-01-31 4 M 0 40000 0 A 420676 D Common Shares 2007-01-31 4 F 0 13411 82.40 D 407265 D Performance Shares 0 2007-01-31 4 M 0 20000 0 D Common Shares 20000 0 D Performance Shares 0 2007-01-31 4 M 0 20000 0 D Common Shares 20000 0 D Each Performance Share represents a contingent right to acquire one Common Share. Each Performance Share represents the right to receive one share of our Common Shares in the future based on the performance of our Common Shares. None of these awards will vest unless our Common Shares perform better than the common stock of 50% of the companies comprising the Oil Service Sector Index (OSX) during the three-year period that began on the date of grant. If our Common Shares perform better than 75% of the companies comprising this index during such period, then all of the performance restricted shares will vest. If our common shares perform better than between 50% and 75% of the companies comprising the index, then an interpolated percentage of between 20% and 100% of the performance restricted shares will vest at the end of the three-year period. The executive will not receive dividends on or be entitled to vote the underlying Common Shares unless and until they have been issued at the end of the vesting period. Each Performance Share represents the right to receive one share of our Common Stock subject to a performance goal that is based on a calculated return on equity versus a pre-determined target return on equity of 20%. The return on equity is calculated by dividing earnings before interest and income tax from continuing operations over the performance period by ending shareholders' equity over the performance period ("ROE"). If our ROE for the performance period equals 20%, then 50% of the shares will be issued, and if our ROE for the performance period equals or exceeds 24%, then 100% of the shares will be issued. If our ROE for the performance period is greater than 20% but less than 24%, then the number of shares to be issued would be interpolated based on the terms of the agreement. /s/ John D. Denson, as Attorney-in-Fact 2007-02-02 -----END PRIVACY-ENHANCED MESSAGE-----