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FORUM ENERGY TECHNOLOGIES, INC. Director's Dealing 2018

Feb 20, 2018

33221_dirs_2018-02-20_1e74e59f-a9ae-424f-b9c0-73488147ae87.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: 2018-02-15

Reporting Person: MCCULLOCH JAMES L (EVP and Gen Counsel)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-02-15 Common Stock M 3867 Acquired 356083 Direct
2018-02-15 Common Stock M 11535 Acquired 367618 Direct
2018-02-15 Common Stock F 4031 $11.95 Disposed 363587 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-02-15 Performance Shares $ M 3867 Disposed 2017-12-31 Common Stock (3867.0) Direct
2018-02-15 Performance Shares $ M 7690 Disposed 2017-12-31 Common Stock (11535.0) Direct
2018-02-15 Performance Shares $ M 4146 Disposed 2017-12-31 Common Stock (0.0) Direct

Footnotes

F1: These shares were surrendered to satisfy tax obligations related to the vesting of performance shares granted on February 20, 2015, February 19, 2016 and February 20, 2017.

F2: These performance shares represent a contingent right to receive Common Stock, based on the Company's relative shareholder return versus that of the Company's peer group. As determined by the Company's Compensation Committee ("the Compensation Committee") and given the Company's relative shareholder return versus the relevant peer group over the three-year period commencing on January 1, 2015 and ending on December 31, 2017, each performance share represents the right to receive one share of Common Stock.

F3: These performance shares represent a contingent right to receive Common Stock, based on the Company's relative shareholder return versus that of the Company's peer group. As determined by the Company's the Compensation Committee and given the Company's relative shareholder return versus the relevant peer group over the two-year period commencing on January 1, 2016 and ending on December 31, 2017, each performance share represents the right to receive 1.5 shares of Common Stock.

F4: These performance shares represent a contingent right to receive Common Stock, based on the Company's relative shareholder return versus that of the Company's peer group. As determined by the Company's the Compensation Committee and given the Company's relative shareholder return versus the relevant peer group over the one-year period commencing on January 1, 2017 and ending on December 31, 2017, each performance share represents the right to receive zero shares of Common Stock.