C. Christopher Gaut - Feb 18, 2024 Form 4 Insider Report for FORUM ENERGY TECHNOLOGIES, INC. (FET)

Role
Director
Signature
/s/ C. Christopher Gaut by John C. Ivascu as Attorney-in- Fact
Stock symbol
FET
Transactions as of
Feb 18, 2024
Transactions value $
-$672,130
Form type
4
Date filed
2/21/2024, 05:09 PM
Previous filing
Feb 1, 2024
Next filing
Mar 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FET Common Stock Options Exercise $0 +16.5K +6.36% $0.00 277K Feb 18, 2024 Direct F1
transaction FET Common Stock Options Exercise -$332K -16.5K -5.98% $20.06 260K Feb 18, 2024 Direct F1
transaction FET Common Stock Tax liability -$116K -5.81K -2.23% $20.06 254K Feb 19, 2024 Direct F2
transaction FET Common Stock Options Exercise $0 +11.2K +4.39% $0.00 266K Feb 19, 2024 Direct F3
transaction FET Common Stock Options Exercise -$224K -11.2K -4.2% $20.06 254K Feb 19, 2024 Direct F3
holding FET Common Stock 20K Feb 18, 2024 See Footnote F4

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 -16.5K -100% $0.00* 0 Feb 18, 2024 Common Stock 16.5K Direct F1
transaction FET Phantom Stock Units Options Exercise $0 -11.2K -100% $0.00* 0 Feb 19, 2024 Phantom Stock Units 11.2K 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 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 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.