C. CHRISTOPHER GAUT - 18 Feb 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
18 Feb 2023
Net transactions value
-$1,427,397
Form type
4
Filing time
22 Feb 2023, 16:08:44 UTC
Previous filing
01 Feb 2023
Next filing
03 Apr 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 Options Exercise $0 +16,542 +5.6% $0.000000 313,409 18 Feb 2023 Direct F1
transaction FET Common Stock Options Exercise $524,381 -16,542 -5.3% $31.70 296,867 18 Feb 2023 Direct F1
transaction FET Common Stock Tax liability $281,274 -8,873 -3% $31.70 287,994 19 Feb 2023 Direct F2
transaction FET Common Stock Options Exercise $0 +11,159 +3.9% $0.000000 299,153 19 Feb 2023 Direct F3
transaction FET Common Stock Options Exercise $353,740 -11,159 -3.7% $31.70 287,994 19 Feb 2023 Direct F3
transaction FET Common Stock Tax liability $268,001 -8,433 -2.9% $31.78 279,561 21 Feb 2023 Direct F4
holding FET Common Stock 13,950 18 Feb 2023 See Footnote F5

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 Phantom Stock Units Options Exercise $0 -16,542 -50% $0.000000 16,543 18 Feb 2023 Common Stock 16,542 Direct F1
transaction FET Phantom Stock Units Options Exercise $0 -11,159 -50% $0.000000 11,158 19 Feb 2023 Phantom Stock Units 11,159 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the vesting and cash settlement of phantom stock units granted on February 18, 2022.
F2 These shares were surrendered to satisfy the tax obligation related to the vesting of a restricted stock unit award granted on February 19, 2021.
F3 Reflects the vesting and cash settlement of phantom stock units granted on February 19, 2021.
F4 These shares were surrendered to satisfy the tax obligation related to the vesting of a restricted stock unit award granted on February 21, 2020.
F5 These shares are held in a Uniform Transfers to Minors Act account where the reporting person and his spouse have joint ownership for the benefit of their grandchildren.