Sec Form 13G Filing - SCHLUMBERGER LIMITED (SLB) filing for PALLADYNE AI CORP COM (PDYN) - 2023-02-10

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No.: 1)*

 

 

SARCOS TECHNOLOGY AND ROBOTICS CORPORATION

(Name of Issuer)

Common Stock, par value $0.0001 per share

(Title of Class of Securities)

80359A106

(CUSIP Number)

December 31, 2022

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this schedule is filed:

☒ Rule 13d-1(b)

☐ Rule 13d-1(c)

☐ Rule 13d-1(d)

 

*

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


  1    

  NAME OF REPORTING PERSON

 

  Schlumberger N.V. (Schlumberger Limited)

  2  

   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)

  (a)  ☐        (b)  ☒

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Curaçao

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5    

  SOLE VOTING POWER

 

  0

   6  

  SHARED VOTING POWER

 

  7,939,764 Common Shares

   7  

  SOLE DISPOSITIVE POWER

 

  0

   8  

  SHARED DISPOSITIVE POWER

 

  7,939,764 Common Shares

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  7,939,764 Common Shares

10  

   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)

 

  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

  5.13%*

12  

  TYPE OF REPORTING PERSON

 

  HC

 

*

Based on 154,639,416 Common Shares outstanding as of September 30, 2022, as reported on the Form 10-Q submitted by the Issuer to the Securities and Exchange Commission (the “SEC”) on November 8, 2022.

.


  1    

  NAME OF REPORTING PERSON

 

  Schlumberger B.V.

  2  

   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)

  (a)  ☐        (b)  ☒

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Netherlands

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5    

  SOLE VOTING POWER

 

  0

   6  

  SHARED VOTING POWER

 

  7,939,764 Common Shares

   7  

  SOLE DISPOSITIVE POWER

 

  0

   8  

  SHARED DISPOSITIVE POWER

 

  7,939,764 Common Shares

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  7,939,764 Common Shares

10  

   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)

 

  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

  5.13%*

12  

  TYPE OF REPORTING PERSON

 

  HC

 

*

Based on 154,639,416 Common Shares outstanding as of September 30, 2022, as reported on the Form 10-Q submitted by the Issuer to the SEC on November 8, 2022.


  1    

  NAME OF REPORTING PERSON

 

  Schlumberger Holdings Corporation

  2  

   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)

  (a)  ☐        (b)  ☒

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Delaware, United States

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5    

  SOLE VOTING POWER

 

  0

   6  

  SHARED VOTING POWER

 

  7,939,764 Common Shares

   7  

  SOLE DISPOSITIVE POWER

 

  0

   8  

  SHARED DISPOSITIVE POWER

 

  7,939,764 Common Shares

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  7,939,764 Common Shares

10  

   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)

 

  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

  5.13%*

12  

  TYPE OF REPORTING PERSON

 

  HC

 

*

Based on 154,639,416 Common Shares outstanding as of September 30, 2022, as reported on the Form 10-Q submitted by the Issuer to the SEC on November 8, 2022.


  1    

  NAME OF REPORTING PERSON

 

  Schlumberger Technology Corporation

  2  

   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)

  (a)  ☐        (b)  ☒

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Texas, United States

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5    

  SOLE VOTING POWER

 

  0

   6  

  SHARED VOTING POWER

 

  7,939,764 Common Shares

   7  

  SOLE DISPOSITIVE POWER

 

  0

   8  

  SHARED DISPOSITIVE POWER

 

  7,939,764 Common Shares

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  7,939,764 Common Shares

10  

   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)

 

  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

  5.13%*

12  

  TYPE OF REPORTING PERSON

 

  CO

 

*

Based on 154,639,416 Common Shares outstanding as of September 30, 2022, as reported on the Form 10-Q submitted by the Issuer to the SEC on November 8, 2022.


Item 1.

 

  (a)

Name of Issuer:

Sarcos Technology and Robotics Corporation

 

  (b)

Address of Issuer’s Principal Executive Offices:

360 Wakara Way

Salt Lake City, Utah, USA

 

Item 2.

 

  (a)

Name of Person Filing:

This Schedule 13G/A is being jointly filed on behalf of the following persons (collectively, the “Reporting Persons”):

 

  (i)

Schlumberger N.V. (Schlumberger Limited), a corporation formed under the laws of Curaçao (“SLB”);

 

  (ii)

Schlumberger B.V., a corporation formed under the laws of the Netherlands (“SBV”);

 

  (iii)

Schlumberger Holdings Corporation, a corporation formed under the laws of Delaware, United States (“SHC”); and

 

  (iv)

Schlumberger Technology Corporation, a corporation formed under the laws of Texas, United States (“STC”).

SLB is the sole stockholder of SBV. SBV is the sole stockholder of SHC. SHC is the sole stockholder of STC.

 

  (b)

Address of Principal Business Office:

The business address of SLB for purposes of this Schedule 13G/A is 5599 San Felipe, 17th Floor, Houston, Texas 77056. The business address of SBV is Parkstraat 83, 2514 JG The Hague, Netherlands. The business address of each of SHC and STC is 300 Schlumberger Drive, Sugar Land, Texas 77478.

 

  (c)

Citizenship:

The information required by Item 3(c) is set forth in Row 4 of the cover pages hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person.

 

  (d)

Title of Class of Securities:

Common Stock

 

  (e)

CUSIP Number:

80359A106

 

Item 3.

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

Not applicable.

 

Item 4.

Ownership.

< /td>

The information required by Items 4(a)-(c) is set forth in Rows 5-11 of the cover pages hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person.

 

Item 5.

Ownership of Five Percent or Less of a Class.

Not applicable.

 

Item 6.

Ownership of More than Five Percent on Behalf of Another Person.

Not applicable.


Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

Not applicable.

 

Item 8.

Identification and Classification of Members of the Group.

Not applicable.

 

Item 9.

Notice of Dissolution of a Group.

Not applicable.

 

Item 10.

Certification.

Not applicable.


SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: February 10, 2023

 

Schlumberger Limited
By:  

/s/ Samantha Blons

Name:   Samantha Blons
Title:   Assistant Secretary
Schlumberger B.V.
By:  

/s/ Eileen Hardell

Name:   Eileen Hardell
Title:   Secretary
Schlumberger Holdings Corporation
By:  

/s/ Jeanne Morrissette

Name:   Jeanne Morrissette
Title:   Treasurer
Schlumberger Technology Corporation
By:  

/s/ Arindam Bhattacharya

Name:   Arindam Bhattacharya
Title:   Vice President