Home/Filings/4/0001681459-17-000108
4//SEC Filing

TechnipFMC plc 4

Accession 0001681459-17-000108

$FTICIK 0001681459operating

Filed

Jan 17, 7:00 PM ET

Accepted

Jan 18, 7:27 PM ET

Size

17.7 KB

Accession

0001681459-17-000108

Insider Transaction Report

Form 4
Period: 2017-01-17
PILENKO THIERRY
DirectorExecutive Chairman
Transactions
  • Award

    Ordinary Shares

    2017-01-17+477,000477,000 total
  • Award

    Stock Option (Right to Buy)

    2017-01-17+220,000220,000 total
    Exp: 2023-09-07Ordinary Shares (220,000 underlying)
  • Award

    Stock Option (Right to Buy)

    2017-01-17+132,160132,160 total
    Exp: 2018-06-17Ordinary Shares (132,160 underlying)
  • Award

    Stock Option (Right to Buy)

    2017-01-17+230,000230,000 total
    Exp: 2024-07-01Ordinary Shares (230,000 underlying)
  • Award

    Stock Option (Right to Buy)

    2017-01-17+100,000100,000 total
    Exp: 2021-06-14Ordinary Shares (100,000 underlying)
  • Award

    Stock Option (Right to Buy)

    2017-01-17+97,57097,570 total
    Exp: 2019-06-15Ordinary Shares (97,570 underlying)
Footnotes (8)
  • [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").
  • [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 37.27EUR per ordinary share.
  • [F6]The option will vest on June 14, 2017 and will be exercisable at an exercise price of 42.87EUR per ordinary share.
  • [F7]The option will vest on September 7, 2019 and will be exercisable at an exercise price of 23.92EUR per ordinary share.
  • [F8]The option will vest on July 1, 2020 and will be exercisable at an exercise price of 24.17EUR per ordinary share.

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, 7:27 PM ET
Size
17.7 KB