C. Christopher Gaut - 18 Feb 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
Issuer symbol
FET
Transactions as of
18 Feb 2024
Transactions value $
-$672,130
Form type
4
Filing time
21 Feb 2024, 17:09:28 UTC
Previous filing
01 Feb 2024
Next filing
08 Mar 2024
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 +16.5K +6.36% $0.00 277K 18 Feb 2024 Direct F1
transaction FET Common Stock Options Exercise -$332K -16.5K -5.98% $20.06 260K 18 Feb 2024 Direct F1
transaction FET Common Stock Tax liability -$116K -5.81K -2.23% $20.06 254K 19 Feb 2024 Direct F2
transaction FET Common Stock Options Exercise $0 +11.2K +4.39% $0.00 266K 19 Feb 2024 Direct F3
transaction FET Common Stock Options Exercise -$224K -11.2K -4.2% $20.06 254K 19 Feb 2024 Direct F3
holding FET Common Stock 20K 18 Feb 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 18 Feb 2024 Common Stock 16.5K Direct F1
transaction FET Phantom Stock Units Options Exercise $0 -11.2K -100% $0.00* 0 19 Feb 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.