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*
PFERDEHIRT DOUG

(Last) (First) (Middle)
C/O SCHLUMBERGER
14910 AIRLINE RD.

(Street)
ROSHARON TX 77583

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
04/22/2010
3. Issuer Name and Ticker or Trading Symbol
SCHLUMBERGER LTD /NV/ [ SLB ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VICE PRESIDENT
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 65,651 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
Incentive Stock Option (right to buy) 04/17/2003(1) 04/17/2012 Common Stock 7,176 27.873 D
Incentive Stock Option (right to buy) 01/19/2006(2) 01/19/2015 Common Stock 3,080 32.455 D
Incentive Stock Option (right to buy) 01/22/2010(3) 01/22/2019 Common Stock 2,643 37.845 D
Incentive Stock Option (right to buy) 01/18/2007(4) 01/18/2016 Common Stock 1,842 54.235 D
Incentive Stock Option (right to buy) 07/19/2007(5) 07/19/2016 Common Stock 1,574 63.545 D
Incentive Stock Option (right to buy) 01/21/2011(6) 01/21/2020 Common Stock 1,459 68.505 D
Incentive Stock Option (right to buy) 01/17/2009(7) 01/17/2018 Common Stock 2,354 84.93 D
NQ Stock Option (right to buy) w/ tandem Tax w/h right 04/17/2003(1) 04/17/2012 Common Stock 22,824 27.873 D
NQ Stock Option (right to buy) w/ tandem Tax w/h right 01/19/2006(2) 01/19/2015 Common Stock 6,920 32.455 D
NQ Stock Option (right to buy) w/ tandem Tax w/h right 01/22/2010(3) 01/22/2019 Common Stock 37,357 37.845 D
NQ Stock Option (right to buy) w/ tandem Tax w/h right 01/18/2007(4) 01/18/2016 Common Stock 58,158 54.235 D
NQ Stock Option (right to buy) w/ tandem Tax w/h right 07/19/2007(5) 07/19/2016 Common Stock 28,426 63.545 D
NQ Stock Option (right to buy) w/ tandem Tax w/h right 01/21/2011(6) 01/21/2020 Common Stock 38,541 68.505 D
NQ Stock Option (right to buy) w/ tandem Tax w/h right 01/17/2009(7) 01/17/2018 Common Stock 12,646 84.93 D
RSU (restricted stock unit) 02/04/2013(8) 02/04/2020 Common Stock 10,000 0 D
Explanation of Responses:
1. Exercisable in five equal annual installments beginning April 17, 2003.
2. This option becomes exercisable in four equal annual installments beginning January 19, 2006.
3. This option becomes exercisable in five equal annual installments beginning January 22, 2010.
4. This option becomes exercisable in four equal annual installments beginning January 18, 2007.
5. This option becomes exercisable in five equal annual installments beginning July 19, 2007.
6. This option becomes exercisable in five equal annual installments beginning January 21, 2011.
7. This option becomes exercisable in five equal annual installments beginning January 17, 2009.
8. This restricted stock unit is subject to a 3-year cliff and will become exercisable on February 4, 2013.
By: /s/Saul Laureles Attorney-in-Fact For: Douglas Pferdehirt 04/29/2010
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.