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OTOOLE TERENCE M 4

Accession 0001401257-18-000025

CIK 0001401257other

Filed

Feb 19, 7:00 PM ET

Accepted

Feb 20, 4:48 PM ET

Size

8.6 KB

Accession

0001401257-18-000025

Insider Transaction Report

Form 4
Period: 2018-02-16
Transactions
  • Award

    Common Stock

    2018-02-16+12,50012,500 total
Holdings
  • Common Stock

    (indirect: See footnote)
    2,707,306
Transactions
  • Award

    Common Stock

    2018-02-16+12,50012,500 total
Holdings
  • Common Stock

    (indirect: See footnote)
    2,707,306
Footnotes (3)
  • [F1]Represents an award of restricted stock under the Forum Energy Technologies, Inc. 2016 Stock and Incentive Plan (the "Plan"). Each share of restricted stock, par value $0.01 per share, is subject to transferability and other restrictions that lapse upon vesting of the restricted stock. The restricted stock 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 agreement also includes dividend and voting rights.
  • [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 33,948 vested shares of restricted stock and 6,692 vested restricted stock units previously issued to Mr. O'Toole in connection with his service on Forum Energy Technologies, Inc.'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.

Issuer

FORUM ENERGY TECHNOLOGIES, INC.

CIK 0001401257

Entity typeother

Related Parties

1
  • filerCIK 0001029627

Filing Metadata

Form type
4
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 4:48 PM ET
Size
8.6 KB