0001401257-23-000014.txt : 20230222 0001401257-23-000014.hdr.sgml : 20230222 20230222170252 ACCESSION NUMBER: 0001401257-23-000014 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230217 FILED AS OF DATE: 20230222 DATE AS OF CHANGE: 20230222 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: IVASCU JOHN C CENTRAL INDEX KEY: 0001765836 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35504 FILM NUMBER: 23654380 MAIL ADDRESS: STREET 1: 920 MEMORIAL CITY WAY STREET 2: SUITE 1000 CITY: HOUSTON STATE: TX ZIP: 77024 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: FORUM ENERGY TECHNOLOGIES, INC. CENTRAL INDEX KEY: 0001401257 STANDARD INDUSTRIAL CLASSIFICATION: OIL & GAS FILED MACHINERY & EQUIPMENT [3533] IRS NUMBER: 611488595 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 10344 SAM HOUSTON PARK DRIVE STREET 2: SUITE 300 CITY: HOUSTON STATE: TX ZIP: 77064 BUSINESS PHONE: 281-949-2500 MAIL ADDRESS: STREET 1: 10344 SAM HOUSTON PARK DRIVE STREET 2: SUITE 300 CITY: HOUSTON STATE: TX ZIP: 77064 FORMER COMPANY: FORMER CONFORMED NAME: FORUM OILFIELD TECHNOLOGIES, INC. DATE OF NAME CHANGE: 20100726 FORMER COMPANY: FORMER CONFORMED NAME: FORUM OILFIELD TECHNOLOGIES INC DATE OF NAME CHANGE: 20070529 4 1 wf-form4_167710332374297.xml FORM 4 X0306 4 2023-02-17 0 0001401257 FORUM ENERGY TECHNOLOGIES, INC. FET 0001765836 IVASCU JOHN C 10344 SAM HOUSTON PARK DRIVE SUITE 300 HOUSTON TX 77064 0 1 0 0 EVP, General Counsel & CCO Common Stock 2023-02-18 4 M 0 5720 0 A 45533 D Common Stock 2023-02-18 4 F 0 2442 31.70 D 43091 D Common Stock 2023-02-18 4 M 0 5720 0 A 48811 D Common Stock 2023-02-18 4 F 0 2250 31.70 D 46561 D Common Stock 2023-02-19 4 M 0 5321 0 A 51882 D Common Stock 2023-02-19 4 M 0 5321 31.70 D 46561 D Common Stock 2023-02-19 4 F 0 2093 31.70 D 44468 D Common Stock 2023-02-21 4 F 0 1416 31.78 D 43052 D Phantom Restricted Stock Units 2023-02-17 4 A 0 11830 0 A Common Stock 11830.0 11830 D Phantom Restricted Stock Units 2023-02-18 4 M 0 5720 0 D Common Stock 5720.0 11440 D Performance Restricted Stock Units 2023-02-18 4 M 0 5720 0 D Common Stock 5720.0 11440 D Phantom Restricted Stock Units 2023-02-19 4 M 0 5321 0 D Common Stock 5321.0 5322 D Reflects the vesting of restricted stock units granted on February 18, 2022. These shares were surrendered to satisfy the tax obligations related to the vesting of a phantom restricted stock unit award granted on February 18, 2022. Reflects the vesting of performance restricted stock units granted on February 18, 2022. These shares were surrendered to satisfy the tax obligations related to the vesting of performance restricted stock units granted on February 18, 2022. Reflects the vesting and cash settlement of phantom stock units granted on February 19, 2021. These shares were surrendered to satisfy the tax obligations related to the vesting of a restricted stock unit award granted on February 19, 2021. These shares were surrendered to satisfy the tax obligations related to the vesting of a restricted stock unit award granted on February 21, 2020. Represents an award of restricted stock units (the "Units") granted pursuant to the Company's Second Amended and Restated 2016 Stock and Incentive Plan (the "Plan"). Each Unit represents a contingent right to receive one share of Common Stock, or cash in lieu thereof, upon the vesting of the Units. The Units vest according to the following schedule: 1/3 vest on each of the first, second, and third anniversaries of the date of grant (2/17/2023). The Units will be forfeited upon a termination of employment prior to vesting, except in limited circumstances. The Units also include dividend equivalent rights that entitle the reporting person to the same dividends that would be payable were the shares of Common Stock underlying the Units actually outstanding at the time such dividends were issued. The credited dividends will be paid concurrently with the issuance of the shares of Common Stock to the reporting person. John C. Ivascu 2023-02-22