FORUM ENERGY TECHNOLOGIES, INC. 4
4 · FORUM ENERGY TECHNOLOGIES, INC. · Filed Feb 25, 2013
Insider Transaction Report
Form 4
OTOOLE TERENCE M
Director
Transactions
- Award
Common Stock
2013-02-21+2,400→ 2,676,445 total(indirect: See footnote)
Footnotes (3)
- [F1]Represents an award of restricted stock under the Issuer's 2010 Stock Incentive Plan.
- [F2]Represents 2,666,666 shares of common stock that are directly owned by Tinicum FET, LLC, a Delaware limited liability company ("Tinicum FET"), and 9,779 shares of restricted stock issued to Mr. O'Toole in connection with his service on the Issuer's Board of Directors.
- [F3]The manager of Tinicum FET is Tinicum Lantern III L.L.C., a Delaware limited liability company ("Tinicum Lantern III"). Mr. O'Toole is a co-managing member of Tinicum Lantern III. As such, Mr. O'Toole may be deemed to share investment control over Tinicum FET's portfolio. Mr. O'Toole disclaims beneficial ownership of the shares held by Tinicum FET, except to the extent of his pecuniary interest therein. Pursuant to a letter agreement, dated as of March 28, 2012, Tinicum FET has the right to designate one member to the Issuer's Board of Directors. Tinicum FET has designated Mr. O'Toole as its designee. As a result, Tinicum FET may be deemed a director by deputization. Tinicum FET disclaims any status as a deputized director for Section 16 or any other purposes.