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TechnipFMC plc Director's Dealing 2017

Jan 19, 2017

30370_dirs_2017-01-18_207feed5-306f-408a-bd3e-8545d97074db.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TechnipFMC plc (FTI)
CIK: 0001681459
Period of Report: 2017-01-17

Reporting Person: Parmentier Thierry (EVP, Human Resources)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-01-17 Ordinary Shares A 81200 Acquired 81200 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-01-17 Stock Option (Right to Buy) $ A 28320 Acquired 2018-06-17 Ordinary Shares (28320.0) Direct
2017-01-17 Stock Option (Right to Buy) $ A 21288 Acquired 2019-06-15 Ordinary Shares (21288.0) Direct
2017-01-17 Stock Option (Right to Buy) $ A 24000 Acquired 2021-06-14 Ordinary Shares (24000.0) Direct
2017-01-17 Stock Option (Right to Buy) $ A 50000 Acquired 2023-09-07 Ordinary Shares (50000.0) Direct
2017-01-17 Stock Option (Right to Buy) $ A 50000 Acquired 2024-07-01 Ordinary Shares (50000.0) Direct

Footnotes

F1: Pursuant to the Business Combination Agreement, dated as of June 14, 2016 (the "BCA") by and among the Issuer, FMC Technologies, Inc. ("FMCTI") and Technip S.A. ("Technip"), each ordinary share of Technip beneficially owned by the Reporting Person at the effective time of the transactions contemplated by the BCA (the "Effective Time") was exchanged for 2.00 ordinary shares of the Issuer (the "Exchange Ratio").

F2: Pursuant to the BCA, each option to purchase or subscribe for Technip ordinary shares (a "Technip Option"), whether vested or unvested, that was outstanding immediately prior to the Effective Time, was converted into an option to purchase ordinary shares of the Issuer (an "Issuer Option"), subject to the terms of the BCA.

F3: Pursuant to the BCA, (i) the number of ordinary shares of the Issuer subject to each Issuer Option is equal to the product of (x) the number of ordinary shares of Technip subject to the Technip Option immediately prior to the Effective Time and (y) the Exchange Ratio (rounded down to the nearest whole number) and (ii) each Issuer Option has an exercise price per ordinary share of the Issuer equal to (a) the exercise price per ordinary share of Technip immediately prior to the Effective Time divided by (b) the Exchange Ratio (rounded up to the nearest whole cent), subject to the terms of the BCA.

F4: The option is fully vested and immediately exercisable at an exercise price of 36.35EUR per ordinary share.

F5: The option is fully vested and immediately exercisable at an exercise price of 37.27EUR per ordinary share.

F6: The option will vest on June 14, 2017 and will be exercisable at an exercise price of 42.87EUR per ordinary share.

F7: The option will vest on September 7, 2019 and will be exercisable at an exercise price of 23.92EUR per ordinary share.

F8: The option will vest on July 1, 2020 and will be exercisable at an exercise price of 24.17EUR per ordinary share.