Louis Raspino - Jan 3, 2023 Form 4 Insider Report for FORUM ENERGY TECHNOLOGIES, INC. (FET)

Role
Director
Signature
/s/ Louis A. Raspino by John C. Ivascu as Attorney-in- Fact
Stock symbol
FET
Transactions as of
Jan 3, 2023
Transactions value $
-$10
Form type
4
Date filed
1/5/2023, 01:51 PM
Previous filing
Jun 16, 2022
Next filing
Jun 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FET Common Stock Conversion of derivative security $166K +6.17K +88.98% $27.00 13.1K Jan 3, 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FET 9.00% Convertible Senior Secured Notes due 2025 Conversion of derivative security -$166K 0 Jan 3, 2023 Common Stock 6.17K $27.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The principal amount of the 9.00% Convertible Senior Secured Notes due 2025 (the "Notes") specified in column 5 were mandatorily converted into shares of common stock of the issuer on January 3, 2023 pursuant to the terms of the indenture governing the Notes (the "Mandatory Conversion").
F2 Following the Mandatory Conversion, the reporting person owns $182,018 principal amount of the Notes. The Notes are no longer convertible into common stock of the Issuer.