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FORUM ENERGY TECHNOLOGIES, INC. Director's Dealing 2012

Apr 11, 2012

33221_dirs_2012-04-11_fe09663c-7e74-47b7-8370-6a759b73029b.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

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

Reporting Person: SIMMONS L E (10% Owner, Member of Group)
Reporting Person: SCF V LP (10% Owner)
Reporting Person: SCF-V, G.P., Limited Partnership (10% Owner)
Reporting Person: SCF VI LP (10% Owner)
Reporting Person: SCF-VI, G.P., Limited Partnership (10% Owner)
Reporting Person: SCF-VII, L.P. (10% Owner)
Reporting Person: SCF-VII, G.P., Limited Partnership (10% Owner)
Reporting Person: SIMMONS L E & ASSOCIATES INC (10% Owner)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 23175579 Indirect
Common Stock 13497415 Indirect
Common Stock 12732144 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Common Stock Warrants (right to buy) $7.68 Common Stock (3253706) Direct
Common Stock Warrants (right to buy) $7.68 Common Stock (3112366) Direct

Footnotes

F1: L.E. Simmons is President and sole member of the board of directors of L.E. Simmons & Associates, Inc., a Delaware corporation ("LESA"), which is the sole general partner of each of SCF-V, G.P., Limited Partnership ("SCF-V GP"), SCF-VI, G.P., Limited Partnership ("SCF-VI GP") and SCF-VII, G.P., Limited Partnership ("SCF-VII GP"), each of which are Delaware limited partnerships. Additionally, SCF-V GP is the sole general partner of SCF-V, L.P. ("SCF-V"), SCF-VI GP is the sole general partner of SCF-VI, L.P. ("SCF-VI") and SCF-VII GP is the sole general partner of SCF-VII, L.P. ("SCF-VII" and, collectively with LESA, SCF-V GP, SCF-VI GP, SCF-VII GP, SCF-V and SCF-VI, the "Reporting Entities"). Based on the reporting person's affiliation with the Reporting Entities, L.E. Simmons may be deemed to beneficially own all of the shares of common stock of the Issuer beneficially owned or deemed to be beneficially owned by the Reporting Entities.

F2: 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.

F3: 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%.