Form 4 for FET FORUM ENERGY TECHNOLOGIES, INC.
Accepted 2025-03-07 00:00:00 ET · period of report 2025-02-13 · accession 0001401257-25-000033 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-03-07 | 2025-02-13 | FET | IVASCU JOHN C | EVP, GC, CCO | A - Grant | $0.00 | +3,545 | 58.8K | +6% | $0 |
| DM | 2025-03-07 | 2025-03-06 | FET | IVASCU JOHN C | EVP, GC, CCO | F - Tax | $17.26 | -4,183 | 61.7K | -6% | -$72.2K |
| D | 2025-03-07 | 2025-03-06 | FET | IVASCU JOHN C | EVP, GC, CCO | M - OptEx | $0.00 | +7,089 | 64.5K | +12% | $0 |
| D | 2025-03-07 | 2025-03-06 | FET | IVASCU JOHN C | EVP, GC, CCO | M - OptEx | $0.00 | -7,089 | 14.2K | -33% | $0 |
| DM | 2025-03-07 | 2025-03-05 | FET | IVASCU JOHN C | EVP, GC, CCO | A - Grant | $0.00 | +37.8K | 15.0K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-02-13 | A | A | 3,545 | $0.00 | 58,822 | D | — | — | (F1) 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 | Common | Common Stock | 2025-03-06 | F | D | 1,394 | $17.26 | 57,428 | D | — | — | (F2) These shares were surrendered to satisfy the tax obligations related to the vesting of performance restricted stock units granted on March 6, 2024. |
| 3 | Common | Common Stock | 2025-03-06 | M | A | 7,089 | $0.00 | 64,517 | D | — | — | (F3) Reflects the vesting of restricted stock units granted on March 6, 2024. |
| 4 | Common | Common Stock | 2025-03-06 | F | D | 2,789 | $17.26 | 61,728 | D | — | — | (F4) These shares were surrendered to satisfy the tax obligations related to the vesting of restricted stock units granted on March 6, 2024. |
| 5 | Derivative | Restricted Stock Units | 2025-03-06 | M | D | 7,089 | $0.00 | 14,177 | D | — · — to — | 7,089 Common Stock | (F3) Reflects the vesting of restricted stock units granted on March 6, 2024. |
| 6 | Derivative | Restricted Stock Units | 2025-03-05 | A | A | 22,819 | $0.00 | 22,819 | D | — · — to — | 22,819 Common Stock | (F5) 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. |
| 7 | Derivative | Performance Restricted Stock Units | 2025-03-05 | A | A | 15,000 | $0.00 | 15,000 | D | — · — to — | 15,000 Common Stock | (F6) 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. |