0001401257-13-000046.txt : 20130225 0001401257-13-000046.hdr.sgml : 20130225 20130225174937 ACCESSION NUMBER: 0001401257-13-000046 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20130221 FILED AS OF DATE: 20130225 DATE AS OF CHANGE: 20130225 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Mercado, Pablo G. CENTRAL INDEX KEY: 0001535246 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35504 FILM NUMBER: 13640304 BUSINESS ADDRESS: STREET 1: 920 MEMORIAL CITY WAY, SUITE 800 CITY: HOUSTON STATE: TX ZIP: 77024 BUSINESS PHONE: (281) 949-2500 MAIL ADDRESS: STREET 1: 920 MEMORIAL CITY WAY, SUITE 800 CITY: HOUSTON STATE: TX ZIP: 77024 4 1 wf-form4_136183256650505.xml FORM 4 X0306 4 2013-02-21 0 0001401257 FORUM ENERGY TECHNOLOGIES, INC. FET 0001535246 Mercado, Pablo G. 920 MEMORIAL CITY WAY SUITE 1000 HOUSTON TX 77024 0 1 0 0 VP - Corporate Development Common Stock 2013-02-21 4 A 0 4610 0 A 20372 D Employee Stock Option (Right to Buy) 26.05 2013-02-21 4 A 0 14270 0 A 2023-02-21 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/ Pablo G. Mercado by John C. Ivascu as Attorney-in- Fact 2013-02-25