SEC FORM 3 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*
SCHLUMBERGER LIMITED/NV

(Last) (First) (Middle)
5599 SAN FELIPE, 17TH FLOOR

(Street)
HOUSTON TX 77056

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
12/31/2020
3. Issuer Name and Ticker or Trading Symbol
Liberty Oilfield Services Inc. [ LBRT ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X 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)
Class A Common Stock, $0.01 par value(1) 66,326,134 D(2)
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
1. Name and Address of Reporting Person*
SCHLUMBERGER LIMITED/NV

(Last) (First) (Middle)
5599 SAN FELIPE, 17TH FLOOR

(Street)
HOUSTON TX 77056

(City) (State) (Zip)
1. Name and Address of Reporting Person*
Schlumberger Technology Corp

(Last) (First) (Middle)
5599 SAN FELIPE, 17TH FLOOR

(Street)
HOUSTON TX 77056

(City) (State) (Zip)
Explanation of Responses:
1. Such Class A common stock, $0.01 par value (the "Common Stock"), of Liberty Oilfield Services Inc. (the "Issuer") were received on December 31, 2020 in connection with the closing of the sale to the Issuer of the onshore hydraulic fracturing business in the United States and Canada of certain subsidiaries of Schlumberger Limited, including the pressure pumping, pumpdown perforating and Permian frac sand businesses (the "Transaction") pursuant to that certain Master Transaction Agreement dated as of August 31, 2020, by and among Schlumberger Technology Corporation, Schlumberger Canada Limited, Liberty Oilfield Services Holdings LLC, Liberty Canada Operations Inc. and Liberty Oilfield Services Inc. (incorporated by reference to Exhibit 2.1 to Liberty Oilfield Services Inc.'s Form 8-K, filed with the Securities and Exchange Commission on September 1, 2020).
2. These securities are owned directly by Schlumberger Technology Corporation. Since Schlumberger Holdings Corporation controls Schlumberger Technology, Corporation, it is deemed to beneficially own the Common Stock held directly by Schlumberger Technology Corporation. Since Schlumberger B.V. controls Schlumberger Holdings Corporation, it is deemed to beneficially own the Common Stock held directly by Schlumberger Technology Corporation. Since Schlumberger N.V. (Schlumberger Limited) controls Schlumberger B.V., it may be deemed to beneficially own the Common Stock held directly by Schlumberger Technology Corporation.
Remarks:
Schlumberger N.V. (Schlumberger Limited), By: /s/ Saul R. Laureles, Director, Corporate Legal Affairs, Assistant Corporate Secretary 01/11/2021
Schlumberger B.V., By: Schlumberger N.V. (Schlumberger Limited), its sole shareholder, By: Saul R. Laureles, Director, Corporate Legal Affairs, Assistant Corporate Secretary 01/11/2021
Schlumberger Holdings Corporation, By: Schlumberger B.V., its sole shareholder, By: Schlumberger N.V. (Schlumberger Limited), its sole shareholder, By: Saul R. Laureles, Director, Corporate Legal Affairs, Assistant Corporate Secretary 01/11/2021
Schlumberger Technology Corporation, By: Schlumberger Holdings Corporation, its sole shareholder By: Schlumberger B.V., its sole shareholder, By: Schlumberger N.V. (Schlumberger Limited), its sole shareholder, By: Saul R. Laureles, Director, Corporate Leg 01/11/2021
** 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).
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