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Core Laboratories Inc. /DE/ — Director's Dealing 2024
Jan 3, 2024
32685_dirs_2024-01-03_0a981baf-7ad2-4714-a3a1-e2d781b927c3.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Core Laboratories Inc. /DE/ (CLB)
CIK: 0001958086
Period of Report: 2023-12-31
Reporting Person: Bruno Lawrence (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-12-31 | Common Stock | F | 38473 | $17.66 | Disposed | 164103 | Direct |
| 2023-12-31 | Common Stock | M | 100058 | — | Acquired | 202576 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-12-31 | Performance Shares | $0 | M | 100058 | Disposed | Common Stock (100058) | Direct |
Footnotes
F1: These shares were awarded as restricted performance shares in February 2021, as disclosed in the Reporting Person's Form 4 filing on February 19, 2021. The Company finished in the 81st percentile of return on invested capital among the Bloomberg Peer Group at the conclusion of the performance period on December 31, 2023. Excess shares that could vest above the 75th percentile are subject to an absolute total shareholder return modifier, which was negative over the relevant performance period, thereby reducing the number of such shares eligible to vest by one-half. Therefore, the performance criteria and requirements for vesting have been satisfied at 106.25% of the target award level, and such number of shares vested on December 31, 2023.