Katherine Campbell Keller - 05 Mar 2025 Form 4 Insider Report for FORUM ENERGY TECHNOLOGIES, INC. (FET)

Signature
/s/ Katherine C. Keller by John C. Ivascu as Attorney-in- Fact
Issuer symbol
FET
Transactions as of
05 Mar 2025
Net transactions value
$0
Form type
4
Filing time
07 Mar 2025, 14:47:56 UTC
Previous filing
06 Sep 2022
Next filing
17 Feb 2026

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 Restricted Stock Units Award $0 +7,844 $0.000000 7,844 05 Mar 2025 Common Stock 7,844 Direct F1
transaction FET Performance Restricted Stock Units Award $0 +3,000 $0.000000 3,000 05 Mar 2025 Common Stock 3,000 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted stock units (the "RSUs") granted pursuant to the Company's Second Amended and Restated 2016 Stock and Incentive Plan (the "Plan"). Each RSU represents a contingent right to receive one share of Common Stock. The RSUs vest as to 1/3 on each of the first, second and third anniversaries of March 5, 2025. The RSUs also include dividend equivalent rights that entitle the reporting person to the same dividends that would be payable were the shares of Common Stock underlying the RSUs outstanding at the time such dividends were issued. The credited dividends will be paid concurrently with the issuance of the shares of Common Stock to the reporting person.
F2 Represents an award of performance restricted stock units (the "PRSUs") granted pursuant to the Plan. Each PRSU represents a contingent right to receive one share of Common Stock. The PRSUs vest based on achieving a minimum stock price threshold of $21.91, which is 125% of the Company's closing stock price on March 5, 2025, for 20 consecutive trading days prior March 5, 2028.