-----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, VMIrrEZGtMDZjPD8wfMsZE4jI7r2dbP12mhxnMKMkx3ktkZ8lU5h1S2il3imDaP0 iElvw5cgS7y4mUuzeNWWCg== 0001193125-06-010796.txt : 20060124 0001193125-06-010796.hdr.sgml : 20060124 20060124160714 ACCESSION NUMBER: 0001193125-06-010796 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060118 ITEM INFORMATION: Entry into a Material Definitive Agreement FILED AS OF DATE: 20060124 DATE AS OF CHANGE: 20060124 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SCHLUMBERGER LTD /NV/ CENTRAL INDEX KEY: 0000087347 STANDARD INDUSTRIAL CLASSIFICATION: OIL, GAS FIELD SERVICES, NBC [1389] IRS NUMBER: 520684746 STATE OF INCORPORATION: P8 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04601 FILM NUMBER: 06546561 BUSINESS ADDRESS: STREET 1: 42 RUE ST DOMINIQUE CITY: PARIS FRANCE 75007 STATE: I0 ZIP: 75007 BUSINESS PHONE: 2123509400 MAIL ADDRESS: STREET 1: 153 EAST 53 STREET 57TH FLOOR STREET 2: 153 EAST 53 STREET 57TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022-4624 FORMER COMPANY: FORMER CONFORMED NAME: SCHLUMBERGER NV DATE OF NAME CHANGE: 19920804 FORMER COMPANY: FORMER CONFORMED NAME: SCHLUMBERGER LTD DATE OF NAME CHANGE: 19880812 8-K 1 d8k.htm FORM 8-K Form 8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (date of earliest event reported): January 18, 2006

 

 

SCHLUMBERGER N.V. (SCHLUMBERGER LIMITED)

(Exact name of registrant as specified in its charter)

 

 

Netherlands Antilles   1-4601   52-0684746

(State or other jurisdiction

of incorporation)

   (Commission File Number)  

(IRS Employer

Identification No.)

 

153 East 53rd Street, 57th Floor New York, New York 10022-4624

42, rue Saint-Dominique, Paris, France 75007

Parkstraat 83, The Hague, The Netherlands 2514 JG

(Addresses of principal executive offices and zip or postal codes)

 

Registrant’s telephone number in the United States, including area code: (212) 350-9400

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Item 1.01 Entry into a Material Definitive Agreement.

 

On January 18, 2006, the Compensation Committee of the Board of Directors of Schlumberger Limited (the “Company”) approved the following annual salaries for 2006, cash bonuses (to be paid in 2006 for performance in 2005) and option grants for each of the Company’s named executive officers:

 

Name and Position

    Annual Salary for 2006
    Cash Bonus for 2005
    Number of Shares
Subject to Options

A. Gould (1)

        Chairman and Chief Executive Officer

    $ 2,500,000    $ 2,175,000    400,000

C. Sbiti (2)

        Executive Vice President

    € 600,000    € 725,000    130,000

J.-M. Perraud

        Executive Vice President and Chief Financial Officer

    $ 600,000    $ 882,000    40,000

Dalton Boutte

        Executive Vice President

    £ 285,000    £ 313,500    70,000

Satish Pai

        Vice President Oilfield Technologies

    € 440,000    € 486,200    40,000
(1) Mr. Gould’s salary for 2006 has been increased from $1,500,000 in 2005.
(2) Mr. Sbiti’s salary for 2006 has been increased from €500,000 in 2005.

 

The options have an exercise price of $108.47 per share (the fair market value of the Company’s common stock on the date of grant) and expire on the tenth anniversary of the date of grant.

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

SCHLUMBERGER N.V.
(SCHLUMBERGER LIMITED)
By:  

/s/ Howard Guild

    Howard Guild
    Chief Accounting Officer

 

Date: January 24, 2006

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