C. CHRISTOPHER GAUT - 03 Jan 2023 Form 4 Insider Report for FORUM ENERGY TECHNOLOGIES, INC. (FET)

Role: Exec. COB, Director
Signature: /s/ C. Christopher Gaut by John C. Ivascu as Attorney-in- Fact
Issuer symbol: FET
Transactions as of: 03 Jan 2023
Net transactions value: -$14
Form type: 4
Filing time: 05 Jan 2023, 13:53:52 UTC
Previous filing: 14 Feb 2023
Next filing: 01 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FET	Common Stock	Conversion of derivative security	$23,976	+888	+0.3%	$27.00	297,867	03 Jan 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	$23,990				0	03 Jan 2023	Common Stock	888	$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 $26,227 principal amount of the Notes. The Notes are no longer convertible into common stock of the Issuer.