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FORUM ENERGY TECHNOLOGIES, INC. Director's Dealing 2014

Mar 17, 2014

33221_dirs_2014-03-17_7586aa85-732e-4a75-a91e-f36eba21d06a.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: 2014-03-15

Reporting Person: GAUT C CHRISTOPHER (Director, President, CEO & COB)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-03-15 Common Stock M 10237 Acquired 443669 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-03-15 Performance Shares $ M 13650 Disposed 2013-12-31 Common Stock (10237.0) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 167300 Indirect
Common Stock 167300 Indirect

Footnotes

F1: These securities are held in trust for the benefit of the reporting person. The reporting person is the trustee of the trust. The reporting person disclaims beneficial ownership of the reported securities except to the extent of any pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

F2: These securities are held in trust for the benefit of the reporting person's spouse. The reporting person's spouse is the trustee of the trust. The reporting person disclaims beneficial ownership of the reported securities except to the extent of any pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

F3: Each performance share represents a contingent right to receive shares of Forum Energy Technologies, Inc.'s (the "Company") common stock ("Common Stock"), based on the Company's relative shareholder return versus that of the Company's peer group. As determined by the Company's Nominating, Governance & Compensation Committee and given the Company's relative shareholder return versus the relevant peer group over the one-year period commencing on January 1, 2013 and ending on December 31, 2013, each performance share represents the right to receive 0.75 shares of Common Stock.