FORUM ENERGY TECHNOLOGIES, INC. — Director's Dealing 2012

Apr 11, 2012

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: FORUM ENERGY TECHNOLOGIES, INC. (FET)
CIK: 0001401257
Period of Report: 2012-04-11

Reporting Person: Danford Michael Dewayne (VP - Human Resources)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	38258	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$8.51	2012-11-14	Common Stock (18500)		Direct
Stock Option	$6.08	2014-06-30	Common Stock (24050)		Direct
Stock Option	$7.68	2020-08-01	Common Stock (74000)		Direct
Common Stock Warrants (right to buy)	$7.68		Common Stock (1850)		Direct

Footnotes

F1: These options, granted under the Forum Oilfield Technologies, Inc. 2005 Stock Incentive Plan, are all exercisable.

F2: 12,025 of these options, granted under the Forum Oilfield Technologies, Inc. 2005 Stock Incentive Plan, are exercisable. The remaining 12,025 options are exercisable in accordance with the following schedule: 1/2 of the options become exercisable on each of the third and fourth anniversaries of the date of grant (7/1/2009).

F3: 18,500 of these options, granted under the Forum Energy Technologies, Inc. 2010 Stock Incentive Plan, are currently exercisable. The remaining 55,500 options are exercisable in accordance with the following schedule: 1/3 of the options become exercisable on each of the second, third and fourth anniversaries of the date of grant (8/2/2010).

F4: These warrants expire upon the earlier of five years from the initial issuance, 2.5 years after the consummation of an initial public offering of the Company's common stock or upon the occurrence of certain other events described in the Warrant Agreement pursuant to which the warrants were issued.

F5: These warrants have an initial exercise price of $7.68 per share. The exercise price increases 0.5% at the end of each month which equates to an annual increase of 6%.