Douglas J. Pferdehirt - Mar 1, 2024 Form 4 Insider Report for TechnipFMC plc (FTI)

Signature
/s/ Lisa P. Wang, Attorney-In-Fact
Stock symbol
FTI
Transactions as of
Mar 1, 2024
Transactions value $
-$50,050,143
Form type
4
Date filed
3/5/2024, 04:57 PM
Previous filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FTI Ordinary Shares Tax liability -$20.1M -890K -17.98% $22.58 4.06M Mar 1, 2024 Direct F1
transaction FTI Ordinary Shares Sale -$30M -1.37M -33.79% $21.85 2.69M Mar 4, 2024 Direct F2, F3
holding FTI Ordinary Shares 80.3K Mar 1, 2024 By Family Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents Ordinary Shares withheld for payment of taxes on vesting of restricted and performance stock units granted on April 1, 2021.
F2 This price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.64 to $22.59, inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F3 The reported sale of 1,371,235 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 29, 2023.