What changed in this filing

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Item 3. Legal Proceedings

2024-03-05 compared with 2023-02-28 · 39 added, 20 removed, 60 unchanged (50% of the section changed)

7 unchanged sentences

Information About Our Executive Officers

The following table indicates the names, ages and positions of the executive officers of Forum as of February 24, 2023:

The following table indicates the names, ages and positions of the executive officers of FET as of February 29, 2024:

Name Age Position

Christopher Gaut 66 Executive Chairman of the Board

Neal Lux 47 President and Chief Executive Officer

Lux 48 President and Chief Executive Officer

Lyle Williams 54 Executive Vice President and Chief Financial Officer

1 unchanged sentence

Danford 61 Senior Vice President and Chief Human Resources Officer

Christopher Gaut .

Gaut currently serves as Executive Chairman of the Board, having previously served as President and Chief Executive Officer of Forum from November 2018 until his retirement from those positions in February 2022, and as Chairman of the Board from December 2017.

Prior to that, from May 2017 to December 2017, he served as Executive Chairman of the Board, and as Chief Executive Officer from May 2016 to May 2017.

From August 2010 to May 2016, he served as President, Chief Executive Officer and Chairman of the Board, and as one of our directors since December 2006.

He served as a consultant to SCF Partners from November 2009 to August 2010, and an industry advisor from May 2017 to November 2018.

Gaut served at Halliburton Company, a leading diversified oilfield services company, as President of the Drilling and Evaluation Division and prior to that as Chief Financial Officer, from March 2003 through April 2009.

From April 2009 through November 2009, Mr.

Gaut was a private investor.

Prior to joining Halliburton Company in 2003, Mr.

Gaut was a Co-Chief Operating Officer of Ensco International, a provider of offshore contract drilling services.

He also served as Ensco's Chief Financial Officer from 1988 until 2003.

Lux was appointed as President and Chief Executive Officer of Forum and as a director on Forum's board of directors effective February 18, 2022.

Keller 40 Senior Vice President and Chief Accounting Officer

Mark Brookes 48 Senior Vice President – Operations

Steven Pounds 51 Senior Vice President – Operations

Lux was appointed as President and Chief Executive Officer of FET and as a director on FET’s board of directors effective February 18, 2022.

Lux previously served as the Company’s Executive Vice President and Chief Operating Officer from December 2020 to February 2022.

16 unchanged sentences

and Vice President - Capital Equipment.

Prior to joining Forum, Mr.

Prior to joining FET, Mr.

Williams held various operations positions with Cooper Cameron Corporation, including Director of Operations - Engineering Products.

10 unchanged sentences

From 2006 to June 2011, Mr.

Ivascu practiced corporate law at Vinson & Elkins L.L.P., representing public and private companies and

investment banking firms in capital markets offerings, mergers and acquisitions, and corporate governance and bankruptcy matters.

Ivascu practiced corporate law at Vinson & Elkins L.L.P., representing public and private companies and investment banking firms in capital markets offerings, mergers and acquisitions, and corporate governance and bankruptcy matters.

From 2004 to 2006, Mr.

9 unchanged sentences

and Vice President - Human Resources from November 2007 to February 2015.

Prior to joining Forum, from August 2007 through November 2007, he worked at Trico Marine Services Inc., a privately held provider of subsea and marine support vessels and services to the oil and natural gas industry, as Vice President - Human Resources.

Prior to joining FET, from August 2007 through November 2007, he worked at Trico Marine Services Inc., a privately held provider of subsea and marine support vessels and services to the oil and natural gas industry, as Vice President - Human Resources.

From 1997 through July 2007, Mr.

Danford served as Director of Human Resources and Vice President - Human Resources for Hydril Company, a publicly traded manufacturer of connections used for oil and natural gas drilling and production.

Danford served as Director of Human Resources and Vice President

- Human Resources for Hydril Company, a publicly traded manufacturer of connections used for oil and natural gas drilling and production.

From 1991 to 1997, Mr.

4 unchanged sentences

degree in Computer Science from the University of Louisiana at Monroe (formerly Northeast Louisiana University).

Keller has served as Senior Vice President and Chief Accounting Officer since February 2024.

Prior to that, she acted as the Company’s Vice President and Principal Accounting Officer from August 2022 to January 2024.

From January 2012 to December 2015, and March 2018 to July 2022, she held various accounting roles of increasing responsibility, most recently Corporate Controller.

Prior to joining the Company, Ms.

Keller held positions of increasing responsibility with the Apollo Education Group from May 2009 to January 2012, most recently serving as Financial Reporting & Equity Accounting Manager.

From July 2005 to May 2009, she served as a Senior Auditor for Ernst and Young LLP.

She holds a B.S.

in Accounting from Bucknell University and is a Certified Public Accountant in Pennsylvania.

Mark Brookes.

Brookes has served as the Company’s Senior Vice President – Operations since February 2022.

From November 2017 to January 2022, Mr.

Brookes served as the Company’s Vice President – Subsea Products and Services.

Prior to joining the Company, Mr.

Brookes was employed by Oceaneering International from February 2012 to November 2017 in various roles, including General Manager – Specialty Connection Systems and General Manager – Subsea Field Development.

From June 2007 to January 2012, Mr.

Brookes held various roles as a Project and Operations Director for Cameron International.

Brookes earned a Master of Industrial Engineering and Management from Oklahoma State University and a B.S.

in Engineering and Management from Brunel University, London.

Steven Pounds.

Pounds has served as the Company’s Senior Vice President – Operations since February 2022.

From January 2018 to January 2022, Mr.

Pounds held various positions of increasing responsibility, most recently Vice President – Production.

Pounds served as Chief Operating Officer of Top-Co Inc.

from October 2014 until its merger with Rubicon Oilfield International in November 2016, and continued as a Senior Advisor until January 2017.

Prior to that, Mr.

Pounds held various positions of increasing responsibility with Baker Hughes International, most recently as Senior Director – Strategic Sourcing.

Pounds holds a B.S.

in Mechanical Engineering from The University of Texas at Austin.

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 3. Legal Proceedings