SEC Form 4 · accession 0001401257-16-000159
FORUM ENERGY TECHNOLOGIES, INC. · FET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Schmitz
Director
Period of report
May 3, 2016
Accepted (ET)
May 3, 2016 · 5:46 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001401257
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 3, 2016 | M | 1,628 | $15.35 | A | 52,475 | D | |
| Common StockF1 | holding | — | — | — | 2,131,347 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy) | $15.35 | May 3, 2016 | M | 1,628 | D | Aug 17, 2015 | Aug 17, 2021 | Common Stock | 1,628 | 0 | D |
Explanation of responses
- F1B-29 Family Holdings, LLC, a Texas limited liability company ("B-29 Family Holdings") is the beneficial owner of 2,131,347 shares of Forum Enery Technologies, Inc. common stock. Mr. Schmitz maintains a 90.69% membership interest in B-29 Family Holdings. As such, Mr. Schmitz may be deemed to have dispositive power over the common stock owned by B-29 Family Holdings. Mr. Schmitz disclaims beneficial ownership of such common stock, except to the extent of his pecuniary interest therein.