Chereque Pierre Form 3 SCHLUMBERGER LIMITED / Pierre Chereque ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Chereque Pierre

(Last) (First) (Middle)

5599 SAN FELIPE

17TH FLOOR

(Street)

HOUSTON TX 77056

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
07/01/2017

3. Issuer Name and Ticker or Trading Symbol
SCHLUMBERGER LIMITED/NV [ SLB ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
VP, Director of Tax

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, $0.01 Par Value Per Share	35,500	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non-Qualified Stock Option (Right to Buy)	(1)	04/18/2023	Common Stock, $0.01 Par Value Per Share	8,000	70.925	D
Non-Qualified Stock Option (Right to Buy)	(2)	04/16/2024	Common Stock, $0.01 Par Value Per Share	8,000	100.555	D
Non-Qualified Stock Option (Right to Buy)	(3)	04/16/2025	Common Stock, $0.01 Par Value Per Share	6,000	91.74	D
Non-Qualified Stock Option (Right to Buy)	(4)	04/20/2026	Common Stock, $0.01 Par Value Per Share	8,000	80.525	D
Non-Qualified Stock Option (Right to Buy)	01/17/2013	01/17/2018	Common Stock, $0.01 Par Value Per Share	4,000	84.93	D
Non-Qualified Stock Option (Right to Buy)	01/21/2015	01/21/2020	Common Stock, $0.01 Par Value Per Share	4,000	68.505	D
Non-Qualified Stock Option (Right to Buy)	01/20/2016	01/20/2021	Common Stock, $0.01 Par Value Per Share	8,000	83.885	D
Non-Qualified Stock Option (Right to Buy)	01/19/2017	01/19/2022	Common Stock, $0.01 Par Value Per Share	8,000	72.11	D
RSU (Restricted Stock Unit)	(5)	(5)	Common Stock, $0.01 Par Value Per Share	2,000	(6)	D

Explanation of Responses:

1. This option is exercisable in five equal annual installments beginning April 18, 2014.

2. This option is exercisable in five equal annual installments beginning April 16, 2015.

3. This option is exercisable in five equal annual installments beginning April 16, 2016.

4. This option is exercisable in five equal annual installments beginning April 20, 2017.

5. The restricted stock unit award was granted July 19, 2017 and vests 100% on July 19, 2020.

6. Each restricted stock unit award represents the right to receive, at settlement, one (1) share of common stock.

	/s/ Matthew Rinegar, Attorney-in-Fact	07/05/2017
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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