4//SEC Filing
TechnipFMC plc 4
Accession 0001681459-17-000092
$FTICIK 0001681459operating
Filed
Jan 17, 7:00 PM ET
Accepted
Jan 18, 7:06 PM ET
Size
22.4 KB
Accession
0001681459-17-000092
Insider Transaction Report
Form 4
Hasselknippe Hallvard
President, Subsea Projects
Transactions
- Award
Stock Option (Right to Buy)
2017-01-17+9,720→ 9,720 totalExp: 2018-12-14→ Ordinary Shares (9,720 underlying) - Award
Stock Option (Right to Buy)
2017-01-17+3,774→ 3,774 totalExp: 2019-06-15→ Ordinary Shares (3,774 underlying) - Award
Stock Option (Right to Buy)
2017-01-17+3,888→ 3,888 totalExp: 2018-06-17→ Ordinary Shares (3,888 underlying) - Award
Stock Option (Right to Buy)
2017-01-17+4,800→ 4,800 totalExp: 2022-01-20→ Ordinary Shares (4,800 underlying) - Award
Stock Option (Right to Buy)
2017-01-17+50,000→ 50,000 totalExp: 2023-09-07→ Ordinary Shares (50,000 underlying) - Award
Stock Option (Right to Buy)
2017-01-17+50,000→ 50,000 totalExp: 2024-07-01→ Ordinary Shares (50,000 underlying) - Award
Ordinary Shares
2017-01-17+17,110→ 17,110 total - Award
Stock Option (Right to Buy)
2017-01-17+4,000→ 4,000 totalExp: 2021-06-14→ Ordinary Shares (4,000 underlying)
Footnotes (10)
- [F1]Pursuant to the Business Combination Agreement, dated as of June 14, 2016 (the "BCA") by and among the Issuer, FMC Technologies, Inc. ("FMCTI") and Technip S.A. ("Technip"), each ordinary share of Technip beneficially owned by the Reporting Person at the effective time of the transactions contemplated by the BCA (the "Effective Time") was exchanged for 2.00 ordinary shares of the Issuer (the "Exchange Ratio").
- [F10]The option will vest on July 1, 2020 and will be exercisable at an exercise price of 24.17EUR per ordinary share.
- [F2]Pursuant to the BCA, each option to purchase or subscribe for Technip ordinary shares (a "Technip Option"), whether vested or unvested, that was outstanding immediately prior to the Effective Time, was converted into an option to purchase ordinary shares of the Issuer (an "Issuer Option"), subject to the terms of the BCA.
- [F3]Pursuant to the BCA, (i) the number of ordinary shares of the Issuer subject to each Issuer Option is equal to the product of (x) the number of ordinary shares of Technip subject to the Technip Option immediately prior to the Effective Time and (y) the Exchange Ratio (rounded down to the nearest whole number) and (ii) each Issuer Option has an exercise price per ordinary share of the Issuer equal to (a) the exercise price per ordinary share of Technip immediately prior to the Effective Time divided by (b) the Exchange Ratio (rounded up to the nearest whole cent), subject to the terms of the BCA.
- [F4]The option is fully vested and immediately exercisable at an exercise price of 36.35EUR per ordinary share.
- [F5]The option is fully vested and immediately exercisable at an exercise price of 33.47EUR per ordinary share.
- [F6]The option is fully vested and immediately exercisable at an exercise price of 37.27EUR per ordinary share.
- [F7]The option will vest on June 14, 2017 and will be exercisable at an exercise price of 42.87EUR per ordinary share.
- [F8]The option will vest on January 1, 2018 and will be exercisable at an exercise price of 34.24EUR per ordinary share.
- [F9]The option will vest on September 7, 2019 and will be exercisable at an exercise price of 23.92EUR per ordinary share.
Documents
Issuer
TechnipFMC plc
CIK 0001681459
Entity typeoperating
IncorporatedUnited Kingdom
Related Parties
1- filerCIK 0001681459
Filing Metadata
- Form type
- 4
- Filed
- Jan 17, 7:00 PM ET
- Accepted
- Jan 18, 7:06 PM ET
- Size
- 22.4 KB