Forum Energy director granted 213 restricted shares
Beyer Leslie Ann reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Beyer Leslie Ann reported acquisition or exercise transactions in this Form 4 filing.
Forum Energy Technologies director Leslie Ann Beyer received an award of 213 shares of restricted common stock under the company’s 2016 Second Amended and Restated Stock and Incentive Plan. The restricted shares vest in full one year after the grant date, with accelerated vesting upon a defined Change in Control, and carry dividend and voting rights while restricted. Following this grant, she directly holds 4,015 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 213 shares
Grant/Award
1 txn
Insider
Beyer Leslie Ann
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 213 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 4,015 shares (Direct)
Footnotes (1)
- F1. Represents an award of restricted stock under the Forum Energy Technologies, Inc. 2016 Second Amended and Restated Stock and Incentive Plan (the "Plan"). Each share of restricted stock, par value $0.01 per share, is subject to transferability and other restrictions that lapse upon vesting of the restricted stock. The restricted stock award vests in full on the one year anniversary of the date of grant, subject to accelerated vesting of the entire award upon a Change in Control (as defined in the Plan). The restricted stock agreement also includes dividend and voting rights.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the latest Form 4 for FET show for Leslie Ann Beyer?
The Form 4 shows Leslie Ann Beyer acquired 213 shares of restricted common stock as an equity award. These shares were granted at no cash cost and increase her direct holdings to 4,015 Forum Energy Technologies shares.
Does Leslie Ann Beyer have voting and dividend rights on her FET restricted stock?
Yes, the restricted stock award includes dividend and voting rights even while the shares are subject to transfer restrictions. These rights apply during the vesting period, giving her typical shareholder participation despite the stock’s restricted status.
AI-generated analysis. How Rhea-AI works. Not financial advice.