0000950170-24-015891.txt : 20240215
0000950170-24-015891.hdr.sgml : 20240215
20240215161210
ACCESSION NUMBER: 0000950170-24-015891
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240215
FILED AS OF DATE: 20240215
DATE AS OF CHANGE: 20240215
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Bruno Lawrence
CENTRAL INDEX KEY: 0001730336
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41695
FILM NUMBER: 24643932
MAIL ADDRESS:
STREET 1: 6316 WINDFERN ROAD
CITY: HOUSTON
STATE: TX
ZIP: 77040
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Core Laboratories Inc. /DE/
CENTRAL INDEX KEY: 0001958086
STANDARD INDUSTRIAL CLASSIFICATION: OIL, GAS FIELD SERVICES, NBC [1389]
ORGANIZATION NAME: 01 Energy & Transportation
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 6316 WINDFERN ROAD
CITY: HOUSTON
STATE: TX
ZIP: 77040
BUSINESS PHONE: 713-328-2673
MAIL ADDRESS:
STREET 1: 6316 WINDFERN ROAD
CITY: HOUSTON
STATE: TX
ZIP: 77040
FORMER COMPANY:
FORMER CONFORMED NAME: Core Laboratories Luxembourg S.A.
DATE OF NAME CHANGE: 20221213
4
1
ownership.xml
4
X0508
4
2024-02-15
0001958086
Core Laboratories Inc. /DE/
CLB
0001730336
Bruno Lawrence
6316 WINDFERN ROAD
HOUSTON
TX
77040
true
true
false
false
Chairman and CEO
false
Performance Shares
0
2024-02-15
4
A
false
234124
0
A
Common Stock
234124
234124
D
This award vests at the end of a three-year performance period that began on January 1, 2024 and ends on December 31, 2026 (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
2024-02-15