SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Hasselknippe Hallvard

(Last) (First) (Middle)
ONE ST. PAUL'S CHURCHYARD

(Street)
LONDON X0 EC4M 8AP

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TechnipFMC plc [ FTI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President, Subsea Projects
3. Date of Earliest Transaction (Month/Day/Year)
01/17/2017
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Ordinary Shares 01/17/2017 A 17,110 A (1) 17,110 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy)(2) (3)(4) 01/17/2017 A 3,888(3) (4) 06/17/2018 Ordinary Shares(2) 3,888 (2) 3,888 D
Stock Option (Right to Buy)(2) (3)(5) 01/17/2017 A 9,720(3) (5) 12/14/2018 Ordinary Shares(2) 9,720 (2) 9,720 D
Stock Option (Right to Buy)(2) (3)(6) 01/17/2017 A 3,774(3) (6) 06/15/2019 Ordinary Shares(2) 3,774 (2) 3,774 D
Stock Option (Right to Buy)(2) (3)(7) 01/17/2017 A 4,000(3) (7) 06/14/2021 Ordinary Shares(2) 4,000 (2) 4,000 D
Stock Option (Right to Buy)(2) (3)(8) 01/17/2017 A 4,800(3) (8) 01/20/2022 Ordinary Shares(2) 4,800 (2) 4,800 D
Stock Option (Right to Buy)(2) (3)(9) 01/17/2017 A 50,000(3) (9) 09/07/2023 Ordinary Shares(2) 50,000 (2) 50,000 D
Stock Option (Right to Buy)(2) (3)(10) 01/17/2017 A 50,000(3) (10) 07/01/2024 Ordinary Shares(2) 50,000 (2) 50,000 D
Explanation of Responses:
1. 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").
2. 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.
3. 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.
4. The option is fully vested and immediately exercisable at an exercise price of 36.35EUR per ordinary share.
5. The option is fully vested and immediately exercisable at an exercise price of 33.47EUR per ordinary share.
6. The option is fully vested and immediately exercisable at an exercise price of 37.27EUR per ordinary share.
7. The option will vest on June 14, 2017 and will be exercisable at an exercise price of 42.87EUR per ordinary share.
8. The option will vest on January 1, 2018 and will be exercisable at an exercise price of 34.24EUR per ordinary share.
9. The option will vest on September 7, 2019 and will be exercisable at an exercise price of 23.92EUR per ordinary share.
10. The option will vest on July 1, 2020 and will be exercisable at an exercise price of 24.17EUR per ordinary share.
Remarks:
Lisa P. Wang, Attorney-In-Fact 01/18/2017
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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