Sec Form 4 Filing - IVASCU JOHN C @ FORUM ENERGY TECHNOLOGIES, INC. - 2022-02-17

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 IVASCU JOHN C 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) EVP, General Counsel & CCO (Last) (First) (Middle) 10344 SAM HOUSTON PARK DRIVE, SUITE 300 3. Date of Earliest Transaction (MM/DD/YY) 02/17/2022 (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 02/17/2022 M 873( 1 ) A $ 0 44,085 D Common Stock 02/17/2022 F 213( 2 ) D $ 19.25 43,872 D Common Stock 02/19/2022 F 1,567( 3 ) D $ 18.94 42,305 D Common Stock 02/19/2022 M 5,322 A 47,627 D Common Stock 02/19/2022 M 5,322 D $ 18.94( 4 ) 42,305 D Common Stock 02/21/2022 F 853( 5 ) D $ 18.94 41,452 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. Deeme d 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 Beneficially 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 Performance Shares ( 1 ) 02/17/2022 M 2,181 ( 1 ) 12/31/2021 Common Stock 873 $ 0 0 D Phantom Restricted Stock Units ( 6 )( 7 ) 02/18/2022 A 17,160 ( 6 )( 7 ) ( 6 )( 7 ) Common Stock 17,160 $ 0 17,160 D Performance Restricted Stock Units ( 8 )( 9 ) 02/18/2022 A 17,160 ( 8 )( 9 ) ( 8 )( 9 ) Common Stock 17,160 $ 0 17,160 D Phantom Stock Units ( 4 ) 02/19/2022 M 5,322 ( 4 ) ( 4 ) Phantom Stock Units 5,322 $ 0 10,643 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other IVASCU JOHN C 10344 SAM HOUSTON PARK DRIVE SUITE 300 HOUSTON, TX77064 EVP, General Counsel & CCO Signatures John C. Ivascu 02/22/2022 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Reflects the vesting of performance shares granted in February of 2019, which were earned at 40% of target. ( 2 )These shares were surrendered to satisfy tax obligations related to the vesting of performance shares granted on February 15, 2019. ( 3 )These shares were surrendered to satisfy the tax obligations related to the vesting of a restricted stock unit award granted on February 19, 2021. ( 4 )Represents the cash settlement of a portion of phantom stock units granted on February 19, 2021 and that vested on February 19, 2022. ( 5 )These shares were surrendered to satisfy the tax obligations related to the vesting of a restricted stock unit award granted on February 21, 2020. ( 6 )Represents an award of restricted stock units (the "Units") granted pursuant to the Company's Second Amended and Restated 2016 Stock and Incentive Plan (the "Plan"). Each Unit represents a contingent right to receive one share of Common Stock, upon the vesting of the Units. The Units vest according to the following schedule: 1/3 vest on each of the first, second, and third anniversaries of the date of grant (2/18/2022). The Units will be forfeited upon a termination of employment prior to vesting, except in limited circumstances. (continued on footnote 7) ( 7 )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. ( 8 )Represents an award of performance-based units granted pursuant to the Plan. Each unit represents a contingent right to receive one share of the Company's Common Stock, upon the vesting of the units. There are two conditions for vesting of each tranche: (i) achieving a minimum stock price threshold and (ii) continuous service. In respect of the minimum stock price threshold, the closing price of the Company's Common Stock must equal or exceed a threshold price of $23.68, which is 125% of the Company's closing stock price on the grant date, for a total of twenty trading days during the following time periods: (continued on footnote 9) ( 9 )Tranche 1: grant date through the third anniversary of the grant date; Tranche 2: first anniversary of the grant date through the third anniversary of the grant date; Tranche 3: second anniversary of the grant date through the third anniversary of the grant date. Any earned units also vest based on continuous service according to the following schedule: 1/3 on each of the first, second, and third anniversaries of the grant date. Vesting for any tranche will occur on the applicable anniversary date on or following satisfaction of the minimum price threshold condition. The units will be forfeited upon a termination of employment prior to vesting, except in limited circumstances.

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