0001401257-13-000047.txt : 20130225
0001401257-13-000047.hdr.sgml : 20130225
20130225174955
ACCESSION NUMBER: 0001401257-13-000047
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20130221
FILED AS OF DATE: 20130225
DATE AS OF CHANGE: 20130225
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Danford Michael Dewayne
CENTRAL INDEX KEY: 0001354986
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35504
FILM NUMBER: 13640305
MAIL ADDRESS:
STREET 1: 3300 NORTH SAM HOUSTON PARKWAY EAST
CITY: HOUSTON
STATE: TX
ZIP: 77032
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: FORUM ENERGY TECHNOLOGIES, INC.
CENTRAL INDEX KEY: 0001401257
STANDARD INDUSTRIAL CLASSIFICATION: OIL & GAS FILED MACHINERY & EQUIPMENT [3533]
IRS NUMBER: 611488595
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 920 MEMORIAL CITY WAY
STREET 2: SUITE 1000
CITY: HOUSTON
STATE: TX
ZIP: 77024
BUSINESS PHONE: 713-351-7900
MAIL ADDRESS:
STREET 1: 920 MEMORIAL CITY WAY
STREET 2: SUITE 1000
CITY: HOUSTON
STATE: TX
ZIP: 77024
FORMER COMPANY:
FORMER CONFORMED NAME: FORUM OILFIELD TECHNOLOGIES, INC.
DATE OF NAME CHANGE: 20100726
FORMER COMPANY:
FORMER CONFORMED NAME: FORUM OILFIELD TECHNOLOGIES INC
DATE OF NAME CHANGE: 20070529
4
1
wf-form4_136183258437820.xml
FORM 4
X0306
4
2013-02-21
0
0001401257
FORUM ENERGY TECHNOLOGIES, INC.
FET
0001354986
Danford Michael Dewayne
920 MEMORIAL CITY WAY
SUITE 1000
HOUSTON
TX
77024
0
1
0
0
VP - Human Resources
Common Stock
2013-02-21
4
A
0
4610
0
A
58118
D
Employee Stock Option (Right to Buy)
26.05
2013-02-21
4
A
0
14270
0
A
2013-02-21
Common Stock
14270.0
14270
D
Performance Shares
2013-02-21
4
A
0
1536
0
A
Common Stock
1536.0
1536
D
Performance Shares
2013-02-21
4
A
0
1537
0
A
Common Stock
1537.0
1537
D
Performance Shares
2013-02-21
4
A
0
1537
0
A
Common Stock
1537.0
1537
D
These restricted stock units (the "Units") are granted pursuant to the Forum Energy Technologies, Inc. 2010 Stock Incentive Plan (the "Plan"). Each Unit represents a contingent right to receive one share of the Issuer's common stock, par value $0.01 per share, upon the vesting of the Units. The Units vest according to the following schedule: 1/4 vest on each of the first, second, third and fourth anniversaries of the date of grant (2/21/2013), subject to accelerated vesting of the entire award upon a Change in Control (as defined in the Plan). The Units 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 Units actually 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.
The options are exercisable in accordance with the following schedule: 1/4 of the options become exercisable on each of the first, second, third and fourth anniversaries of the date of grant (2/21/2013).
Each performance share represents a contingent right to receive shares of the Issuer's common stock, based on the Issuer's relative shareholder return versus that of the Issuer's peer group. Each performance share will settle for between 0 and 2 shares of common stock in the first quarter of 2014, based on achievement of performance measures over a one year period, following certification by the Nominating, Governance and Compensation Committee of performance results.
Each performance share represents a contingent right to receive shares of the Issuer's common stock, based on the Issuer's relative shareholder return versus that of the Issuer's peer group. Each performance share will settle for between 0 and 2 shares of common stock in the first quarter of 2015, based on achievement of performance measures over a two year period, following certification by the Nominating, Governance and Compensation Committee of performance results.
Each performance share represents a contingent right to receive shares of the Issuer's common stock, based on the Issuer's relative shareholder return versus that of the Issuer's peer group. Each performance share will settle for between 0 and 2 shares of common stock in the first quarter of 2016, based on achievement of performance measures over a three year period, following certification by the Nominating, Governance and Compensation Committee of performance results.
/s/ Michael D. Danford by John C. Ivascu as Attorney-in- Fact
2013-02-25