Sec Form 4 Filing - Danford Michael Dewayne @ FORUM ENERGY TECHNOLOGIES, INC. - 2025-02-13

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Danford Michael Dewayne
2. Issuer Name and Ticker or Trading Symbol
FORUM ENERGY TECHNOLOGIES, INC. [ FET]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
SVP & CHO
(Last) (First) (Middle)
10344 SAM HOUSTON PARK DRIVE, SUITE 300
3. Date of Earliest Transaction (MM/DD/YY)
02/13/2025
(Street)
HOUSTON, TX77064
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/13/2025 A 1,773 ( 1 ) A $ 0 38,950 D
Common Stock 03/06/2025 F 697 ( 2 ) D $ 17.26 38,253 D
Common Stock 03/06/2025 M 3,545 ( 3 ) A $ 0 41,798 D
Common Stock 03/06/2025 F 1,388 ( 4 ) D $ 17.26 40,410 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Benef icially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units ( 5 ) 03/05/2025 A 11,410 ( 5 ) ( 5 ) Common Stock 11,410 $ 0 11,410 D
Performance Restricted Stock Units ( 6 ) 03/05/2025 A 9,000 ( 6 ) ( 6 ) Common Stock 9,000 $ 0 9,000 D
Restricted Stock Units ( 3 ) 03/06/2025 M 3,545 ( 3 ) ( 3 ) Common Stock 3,545 $ 0 7,088 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Danford Michael Dewayne
10344 SAM HOUSTON PARK DRIVE
SUITE 300
HOUSTON, TX77064
SVP & CHO
Signatures
/s/ Michael D. Danford by John C. Ivascu as Attorney-in- Fact 03/07/2025
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Reflects performance restricted stock units granted on March 6, 2024 for which performance was certified on February 13, 2025. The performance restricted stock units subsequently vested on March 6, 2025.
( 2 )These shares were surrendered to satisfy the tax obligations related to the vesting of performance restricted stock units granted on March 6, 2024.
( 3 )Reflects the vesting of restricted stock units granted on March 6, 2024.
( 4 )These shares were surrendered to satisfy the tax obligations related to the vesting of restricted stock units granted on March 6, 2024.
( 5 )Represents an award of restricted stock units (the "RSUs") granted pursuant to the Company's Second Amended and Restated 2016 Stock and Incentive Plan (the "Plan"). Each RSU represents a contingent right to receive one share of Common Stock. The RSUs vest as to 1/3 on each of the first, second and third anniversaries of March 5, 2025. The RSUs also include dividend equivalent rights that entitle the reporting person to the same dividends that would be payable were the shares of Common Stock underlying the RSUs outstanding at the time such dividends were issued. The credited dividends will be paid concurrently with the issuance of the shares of Common Stock to the reporting person.
( 6 )Represents an award of performance restricted stock units (the "PRSUs") granted pursuant to the Plan. Each PRSU represents a contingent right to receive one share of Common Stock. The PRSUs vest based on achieving a minimum stock price threshold of $21.91, which is 125% of the Company's closing stock price on March 5, 2025, for 20 consecutive trading days prior March 5, 2028.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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