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SLB > SEC Filings for SLB > Form 8-K on 14-Apr-2008All Recent SEC Filings

Show all filings for SCHLUMBERGER LTD /NV/ | Request a Trial to NEW EDGAR Online Pro

Form 8-K for SCHLUMBERGER LTD /NV/


14-Apr-2008

Change in Directors or Principal Officers, Financial Statements and Exhibit


Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(e) On April 9, 2008, the stockholders of Schlumberger Limited (Schlumberger N.V.), a Netherlands Antilles corporation ("Schlumberger"), approved the adoption of the Schlumberger 2008 Stock Incentive Plan (the "2008 Plan"). The 2008 Plan provides for the grant to Schlumberger employees of stock options, restricted stock and restricted stock units covering up to 10,000,000 shares of common stock. No more than 1,500,000 shares are available for grants of restricted stock or restricted stock units. The 2008 Plan was approved by Schlumberger's Board of Directors on January 17, 2008, subject to stockholder approval, and is effective as of that date.

A description of the terms of the 2008 Plan can be found in Schlumberger's definitive proxy statement for the 2008 Annual General Meeting of Stockholders held on April 9, 2008, which was filed with the Securities and Exchange Commission on February 29, 2008. The section of the definitive proxy statement entitled "3. Approval of the Schlumberger 2008 Stock Incentive Plan" is incorporated by reference herein.



Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

10.1   Schlumberger 2008 Stock Incentive Plan (incorporated by reference to
       Appendix 1 to Schlumberger's definitive proxy statement for the 2008 Annual
       General Meeting of Stockholders held on April 9, 2008).


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