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