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TechnipFMC plc — Director's Dealing 2017
Jan 19, 2017
30370_dirs_2017-01-18_fc4afa04-c7a1-4441-9b1c-df253b5201fa.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: Beitler Bradley D. (EVP, Technology and R&D)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-01-17 | Ordinary Shares | A | 106317.38 | — | Acquired | 106317.38 | Direct |
| 2017-01-17 | Ordinary Shares | A | 6669.5418 | — | Acquired | 6669.5418 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-01-17 | Phantom Stock Units | $ | A | 23290 | Acquired | Ordinary Shares (23290.0) | 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 share of FMCTI common stock beneficially owned by the Reporting Person at the effective time of the transactions contemplated by the BCA was exchanged for 1.00 ordinary share of the Issuer.
F2: Pursuant to the Business Combination Agreement, FMCTI Phantom Stock Units were converted into an equal number of units consisting of phantom shares over an equal number of ordinary shares of the Issuer and uninvested cash balances held by the NQ Plan.
F3: Phantom Stock Units are payable in cash following termination or retirement of the reporting person's employment with the Issuer, or death.
F4: A participant's interest in the NQ Plan is represented in units (referred to as Phantom Stock Units) which consists of phantom shares of the Issuer's ordinary shares and uninvested cash balances held by the NQ Plan.