FORUM ENERGY TECHNOLOGIES, INC. — Director's Dealing 2022

Feb 22, 2022

SEC Form 4/A — Form 4/A

Issuer: FORUM ENERGY TECHNOLOGIES, INC. (FET)
CIK: 0001401257
Period of Report: 2021-02-19

Reporting Person: GAUT C CHRISTOPHER (Director, Exec. COB)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-19	Phantom Stock Units	$	A	33476	Acquired		Phantom Stock Units (33476.0)	Direct

Footnotes

F1: Represents an award of cash-settled phantom units (the "Phantom Units") granted pursuant to the Forum Energy Technologies, Inc. 2016 Second Amended and Restated Stock and Incentive Plan (the "Plan"). Each Phantom Unit represents a contingent right to receive a cash payment equivalent to the fair market value of one share of Common Stock, par value $0.01 (the "Common Stock"), upon the vesting of the Phantom Units. The Phantom Units may vest based on continuous service according to the following schedule: 1/3 on each of the first, second, and third anniversaries of the grant date. The Phantom Units will be forfeited upon a termination of employment prior to vesting, except in limited circumstances. The Phantom Units also include dividend equivalent rights that entitle the reporting person to the same dividends that would be payable if the Phantom Units were shares of Common Stock outstanding at the time such dividends were issued.

F2: This Form 4/A is filed in order to correct the number of Phantom Units granted and the number of Phantom Units beneficially owned following the reported transaction. The original Form 4 overstated these amounts.