4//SEC Filing
FORUM ENERGY TECHNOLOGIES, INC. 4
Accession 0001401257-16-000125
$FETCIK 0001401257operating
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 3:43 PM ET
Size
7.2 KB
Accession
0001401257-16-000125
Insider Transaction Report
Form 4
OTOOLE TERENCE M
Director
Transactions
- Award
Common Stock
2016-02-19+13,313→ 13,313 total
Holdings
- 2,987,774(indirect: See footnote)
Common Stock
Footnotes (3)
- [F1]Represents an award of restricted stock units under the Forum Energy Technologies, Inc. 2010 Stock Incentive Plan (the "Plan"). Each restricted stock unit represents a contingent right to receive one share of common stock, par value $0.01 per share, upon vesting of the restricted stock units. The restricted stock unit award vests in full on the one year anniversary of the date of grant, subject to accelerated vesting of the entire award upon a Change in Control (as defined in the Plan). The restricted stock unit agreement also includes dividend equivalent rights that entitle the reporting person to the same dividends that would be payable were the shares of common stock underlying the restricted stock units actually outstanding at the time such dividends were issued.
- [F2]Represents 2,966,666 shares of common stock that are directly owned by Tinicum FET, LLC, a Delaware limited liability company ("Tinicum FET"), and 14,416 shares of restricted stock and 6,692 restricted stock units previously issued to Mr. O'Toole in connection with his service on Forum Energy Technologies, Inc.'s (the "Company") 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.
Documents
Issuer
FORUM ENERGY TECHNOLOGIES, INC.
CIK 0001401257
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001401257
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 3:43 PM ET
- Size
- 7.2 KB