FORUM ENERGY TECHNOLOGIES, INC. — Director's Dealing 2017

Feb 21, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FORUM ENERGY TECHNOLOGIES, INC. (FET)
CIK: 0001401257
Period of Report: 2017-02-20

Reporting Person: CARRIG JOHN A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-20	Common Stock	A	6219	—	Acquired	71866	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	18000	Indirect

Footnotes

F1: Represents an award of restricted stock units under the Forum Energy Technologies, Inc. 2016 Stock and Incentive Plan (the "Plan"). Each restricted stock unit represents a contingent right to receive one share of common stock, par value $0.01 per share, upon vesting of the restricted stock units. The restricted stock unit award vests in full on the one year anniversary of the date of grant, subject to accelerated vesting of the entire award upon a Change in Control (as defined in the Plan). The restricted stock unit agreement also includes dividend equivalent rights that entitle the reporting person to the same dividends that would be payable were the shares of common stock underlying the restricted stock units actually outstanding at the time such dividends were issued.

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.