0001209191-23-011099.txt : 20230221
0001209191-23-011099.hdr.sgml : 20230221
20230221152016
ACCESSION NUMBER: 0001209191-23-011099
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230216
FILED AS OF DATE: 20230221
DATE AS OF CHANGE: 20230221
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hill Christopher Scott
CENTRAL INDEX KEY: 0001641315
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14273
FILM NUMBER: 23647823
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: VAN HEUVEN GOEDHARTLAAN 7 B
CITY: 1181 LE AMSTELVEEN
STATE: P7
ZIP: 1181 LE
BUSINESS PHONE: 3124203191
MAIL ADDRESS:
STREET 1: 6316 WINDFERN
CITY: HOUSTON
STATE: TX
ZIP: 77040
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2023-02-16
0
0001000229
CORE LABORATORIES N V
CLB
0001641315
Hill Christopher Scott
6316 WINDFERN ROAD
HOUSTON
TX
77040
0
1
0
0
SVP & CFO
Performance Shares
0.00
2023-02-16
4
A
0
52718
0.00
A
Common Shares
52718
52718
D
This award vests at the end of a three-year performance period that began on January 1, 2023 and ends on December 31, 2025 (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 62 years of age. In all cases, the shares will vest, if at all, at the end of the Performance Period as follows: 50% of the award will vest if the Company is in the top 35th 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 55th percentile of ROIC of the BPG, and 175% of the award will vest if the Company is in the top 85th percentile of ROIC of the BPG, as measured and determined by the Compensation Committee at the end of the Performance Period.
The number of common shares vesting pursuant to the award will be interpolated on a straight-line basis between the 35th and 55th percentile (equivalent to 50% up to 100% of the award) and again between the 55th and 85th percentile (equivalent to 100% up to 175% of the award). The number of common shares that could vest over 100% of the award up to the maximum of 175% of the award, if any, will be reduced by one-half 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 Tattoli, Attorney-in-Fact
2023-02-21