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FORUM ENERGY TECHNOLOGIES, INC. Director's Dealing 2013

Feb 25, 2013

33221_dirs_2013-02-25_15fe3c17-b2cb-440c-ad1b-3e2d0a2fa916.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FORUM ENERGY TECHNOLOGIES, INC. (FET)
CIK: 0001401257
Period of Report: 2013-02-21

Reporting Person: CARRIG JOHN A (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-02-21 Common Stock A 2400 Acquired 41005 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 18000 Indirect

Footnotes

F1: These restricted stock units (the "Units") are granted pursuant to the Forum Energy Technology Inc. 2010 Stock Incentive Plan (the "Plan"). Each Unit represents a contingent right to receive one share of the Issuer's common stock, par value $0.01 per share, upon the vesting of the Units. The Units vest thirteen months from the date of grant, February 21, 2013, subject to accelerated vesting of the entire award upon a Change in Control (as defined in the Plan). 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.

F2: 18,000 shares were gifted to the John A Carrig Remainder Trust, Exempt Trust (the "Carrig Trust") for the benefit of Mr. Carrig's children. Mr. Carrig serves as trustee of the Carrig Trust and disclaims beneficial ownership of the shares held by the Carrig Trust.