0001209191-21-013239.txt : 20210223
0001209191-21-013239.hdr.sgml : 20210223
20210223164125
ACCESSION NUMBER: 0001209191-21-013239
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210219
FILED AS OF DATE: 20210223
DATE AS OF CHANGE: 20210223
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Bruno Lawrence
CENTRAL INDEX KEY: 0001730336
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14273
FILM NUMBER: 21666225
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: STRAWINSKYLAAN 913
STREET 2: TOWER A, LEVEL 9
CITY: 1077 XX AMSTERDAM
STATE: P7
ZIP: 1077 XX
BUSINESS PHONE: 3124203191
MAIL ADDRESS:
STREET 1: 6316 WINDFERN
CITY: HOUSTON
STATE: TX
ZIP: 77040
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2021-02-19
0
0001000229
CORE LABORATORIES N V
CLB
0001730336
Bruno Lawrence
6316 WINDFERN ROAD
HOUSTON
TX
77040
1
1
0
0
Chairman and CEO
Performance Shares
0.00
2021-02-19
4
A
0
94172
0.00
A
Common Shares
94172
94172
D
This award vests at the end of a three-year performance period that began on January 1, 2021 and ends on December 31, 2023 (the "Performance Period"). This award survives termination of employment due to death, disability, termination by the Company without cause or retirement by the employee upon having reached 64 years of age. In all cases, the shares will vest at the end of the Performance Period as follows: 50% of the award will vest if the Company is in the top 50th percentile of Return on Invested Capital (ROIC) among the Bloomberg Peer Group (BPG), 100% of the award will vest if the Company is in the top 75th percentile of ROIC of the BPG and 150% of the award will vest if the Company is the top performing ROIC company of the BPG all as measured and determined by the Compensation Committee at the end of the Performance Period.
These awards will be interpolated on a straight-line basis from the 50th percentile to the 100th percentile. The amount that vests over the 100% of the award up to the maximum 150% of the award, if any, is subject to a reduction of one-half of the final percentage above 100% if absolute Total Shareholder Return for the Performance Period is negative, as measured and determined by the Compensation Committee at the end of the Performance Period.
/s/ Mark Elvig, Attorney-in-Fact
2021-02-23