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Press Release

TechnipFMC plc: PDMR Notification

March 02, 2020

PDF Version

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)-- Regulatory News:

TechnipFMC plc ("TechnipFMC") (NYSE: FTI) (Paris: FTI) (ISIN: GB00BDSFG982) announces that as of 28 February 2020, as noted below, two Directors and a number of persons discharging managerial responsibilities have the following interests in TechnipFMC.

The notifications below have been made in accordance with the requirements of the EU Market Abuse Regulation.

ANNEX

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Douglas J. Pferdehirt

2

Reason for the notification

a)

Position/status

Chairman and Chief Executive Officer

 

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

TechnipFMC plc

b)

Legal Entity Identifier Code

549300D5I93QWCJTCK36

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of USD 1 each

ISIN: GB00BDSFG982

b)

Nature of the transaction

Acquisition of Ordinary Shares following the vesting of performance stock units subject to certain performance criteria

c)

Currency

USD

d)

Price(s) and volume(s)

Price: $14.84 per unit

Volume / No. of Shares 69,566

e)

Aggregated information:

- Aggregated Volume

- Price

N/A (single transaction)

f)

Date of the transaction

28 February 2020

g)

Place of the transaction

New York Stock Exchange

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Douglas J. Pferdehirt

2

Reason for the notification

a)

Position/status

Chairman and Chief Executive Officer

 

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

TechnipFMC plc

b)

Legal Entity Identifier Code

549300D5I93QWCJTCK36

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of USD 1 each

ISIN: GB00BDSFG982

b)

Nature of the transaction

Acquisition of Ordinary Shares following the vesting of 65,364 restricted stock units previously reported on a PDMR Notification dated 20 June 2017, with reductions for tax withholdings.

c)

Currency

USD

d)

Price(s) and volume(s)

Price: $ 14.84 per unit

Volume / No. of Shares: 39,643

e)

Aggregated information:

- Aggregated Volume

- Price

N/A (single transaction)

f)

Date of the transaction

28 February 2020

g)

Place of the transaction

New York Stock Exchange

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Maryann Mannen

2

Reason for the notification

a)

Position/status

Officer - Executive Vice President and Chief Financial Officer

 

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

TechnipFMC plc

b)

Legal Entity Identifier Code

549300D5I93QWCJTCK36

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of USD 1 each

ISIN: GB00BDSFG982

b)

Nature of the transaction

Acquisition of Ordinary Shares following the vesting of performance stock units subject to certain performance criteria

c)

Currency

USD

d)

Price(s) and volume(s)

Price: $14.84 per unit

Volume / No. of Shares: 21,773

 

e)

Aggregated information:

- Aggregated Volume

- Price

N/A (single transaction)

f)

Date of the transaction

28 February 2020

g)

Place of the transaction

New York Stock Exchange

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Maryann Mannen

2

Reason for the notification

a)

Position/status

Officer - Executive Vice President and Chief Financial Officer

 

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

TechnipFMC plc

b)

Legal Entity Identifier Code

549300D5I93QWCJTCK36

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of USD 1 each

ISIN: GB00BDSFG982

b)

Nature of the transaction

Acquisition of Ordinary Shares following the vesting of 19,183 restricted stock units previously reported on a PDMR Notification dated 2 March 2017, with reductions for tax withholdings.

c)

Currency

USD

d)

Price(s) and volume(s)

Price: $14.84 per unit

Volume / No. of Shares: 14,511

 

e)

Aggregated information:

- Aggregated Volume

- Price

N/A (single transaction)

f)

Date of the transaction

28 February 2020

g)

Place of the transaction

New York Stock Exchange

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Dianne Ralston

2

Reason for the notification

a)

Position/status

Officer - Executive Vice President, Chief Legal Officer and

Secretary

 

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

TechnipFMC plc

b)

Legal Entity Identifier Code

549300D5I93QWCJTCK36

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of USD 1 each

ISIN: GB00BDSFG982

b)

Nature of the transaction

Acquisition of Ordinary Shares following the vesting of performance stock units subject to certain performance criteria

c)

Currency

USD

d)

Price(s) and volume(s)

Price: $14.84 per unit

Volume / No. of Shares: 14,662

 

e)

Aggregated information:

- Aggregated Volume

- Price

N/A (single transaction)

f)

Date of the transaction

28 February 2020

g)

Place of the transaction

New York Stock Exchange

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Dianne Ralston

2

Reason for the notification

a)

Position/status

Officer - Executive Vice President, Chief Legal Officer and

Secretary

 

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

TechnipFMC plc

b)

Legal Entity Identifier Code

549300D5I93QWCJTCK36

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of USD 1 each

ISIN: GB00BDSFG982

b)

Nature of the transaction

Acquisition of Ordinary Shares following the vesting of 12,995 restricted stock units previously reported on a PDMR Notification dated 2 March 2017, with reductions for tax withholdings.

c)

Currency

USD

d)

Price(s) and volume(s)

Price: $14.84 per unit

Volume / No. of Shares: 9,830

 

e)

Aggregated information:

- Aggregated Volume

- Price

N/A (single transaction)

f)

Date of the transaction

28 February 2020

g)

Place of the transaction

New York Stock Exchange

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Arnaud Pieton

2

Reason for the notification

a)

Position/status

Officer - President, Subsea

 

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

TechnipFMC plc

b)

Legal Entity Identifier Code

549300D5I93QWCJTCK36

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of USD 1 each

ISIN: GB00BDSFG982

b)

Nature of the transaction

Acquisition of Ordinary Shares following the vesting of performance stock units subject to certain performance criteria.

c)

Currency

USD

d)

Price(s) and volume(s)

Price: $14.84 per unit

Volume / No. of Shares: 5,876

e)

Aggregated information:

- Aggregated Volume

- Price

N/A (single transaction)

f)

Date of the transaction

28 February 2020

g)

Place of the transaction

New York Stock Exchange

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Arnaud Pieton

2

Reason for the notification

a)

Position/status

Officer - President, Subsea

 

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

TechnipFMC plc

b)

Legal Entity Identifier Code

549300D5I93QWCJTCK36

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of USD 1 each

ISIN: GB00BDSFG982

b)

Nature of the transaction

Acquisition of Ordinary Shares following the vesting of 5,569 restricted stock units previously reported on a PDMR Notification dated 2 March 2017, with reductions for tax withholdings.

c)

Currency

USD

d)

Price(s) and volume(s)

Price: $14.84 per unit

Volume / No. of Shares: 4,247

 

e)

Aggregated information:

- Aggregated Volume

- Price

N/A (single transaction)

f)

Date of the transaction

28 February 2020

g)

Place of the transaction

New York Stock Exchange

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Richard Alabaster

2

Reason for the notification

a)

Position/status

Officer - Transition Manager

 

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

TechnipFMC plc

b)

Legal Entity Identifier Code

549300D5I93QWCJTCK36

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of USD 1 each

ISIN: GB00BDSFG982

b)

Nature of the transaction

Acquisition of Ordinary Shares following the vesting of performance stock units subject to certain performance criteria

c)

Currency

USD

d)

Price(s) and volume(s)

Price: $14.84 per unit

Volume / No. of Shares: 5,549

e)

Aggregated information:

- Aggregated Volume

- Price

N/A (single transaction)

f)

Date of the transaction

28 February 2020

g)

Place of the transaction

New York Stock Exchange

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Richard Alabaster

2

Reason for the notification

a)

Position/status

Officer - Transition Manager

 

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

TechnipFMC plc

b)

Legal Entity Identifier Code

549300D5I93QWCJTCK36

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of USD 1 each

ISIN: GB00BDSFG982

b)

Nature of the transaction

Acquisition of Ordinary Shares following the vesting of 5,259 restricted stock units previously reported on a PDMR Notification dated 2 March 2017, with reductions for tax withholdings.

c)

Currency

USD

d)

Price(s) and volume(s)

Price: $14.84 per unit

Volume / No. of Shares: 4,017

 

e)

Aggregated information:

- Aggregated Volume

- Price

N/A (single transaction)

f)

Date of the transaction

28 February 2020

g)

Place of the transaction

New York Stock Exchange

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Barry Glickman

2

Reason for the notification

a)

Position/status

Officer - President, Surface

 

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

TechnipFMC plc

b)

Legal Entity Identifier Code

549300D5I93QWCJTCK36

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of USD 1 each

ISIN: GB00BDSFG982

b)

Nature of the transaction

Acquisition of Ordinary Shares following the vesting of performance stock units subject to certain performance criteria

c)

Currency

USD

d)

Price(s) and volume(s)

Price: $14.84 per unit

Volume / No. of Shares: 6,791

e)

Aggregated information:

- Aggregated Volume

- Price

N/A (single transaction)

f)

Date of the transaction

28 February 2020

g)

Place of the transaction

New York Stock Exchange

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Barry Glickman

2

Reason for the notification

a)

Position/status

Officer - President, Surface

 

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

TechnipFMC plc

b)

Legal Entity Identifier Code

549300D5I93QWCJTCK36

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of USD 1 each

ISIN: GB00BDSFG982

b)

Nature of the transaction

Acquisition of Ordinary Shares following the vesting of 6,188 restricted stock units previously reported on a PDMR Notification dated 2 March 2017, with reductions for tax withholdings.

c)

Currency

USD

d)

Price(s) and volume(s)

Price: $14.84 per unit

Volume / No. of Shares: 4,681

 

e)

Aggregated information:

- Aggregated Volume

- Price

N/A (single transaction)

f)

Date of the transaction

28 February 2020

g)

Place of the transaction

New York Stock Exchange

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Nello Uccelletti

2

Reason for the notification

a)

Position/status

Officer - President and Advisor to the CEO

 

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

TechnipFMC plc

b)

Legal Entity Identifier Code

549300D5I93QWCJTCK36

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of USD 1 each

ISIN: GB00BDSFG982

b)

Nature of the transaction

Acquisition of Ordinary Shares following the vesting of performance stock units subject to certain performance criteria

c)

Currency

USD

d)

Price(s) and volume(s)

Price: $14.84 per unit

Volume / No. of Shares: 5.919

e)

Aggregated information:

- Aggregated Volume

- Price

N/A (single transaction)

f)

Date of the transaction

28 February 2020

g)

Place of the transaction

New York Stock Exchange

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Nello Uccelletti

2

Reason for the notification

a)

Position/status

Officer - President and Advisor to the CEO

 

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

TechnipFMC plc

b)

Legal Entity Identifier Code

549300D5I93QWCJTCK36

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of USD 1 each

ISIN: GB00BDSFG982

b)

Nature of the transaction

Acquisition of Ordinary Shares following the vesting of 7,735 restricted stock units previously reported on a PDMR Notification dated 2 March 2017, with reductions for tax withholdings.

c)

Currency

USD

d)

Price(s) and volume(s)

Price: $14.84 per unit

Volume / No. of Shares: 3,946

 

e)

Aggregated information:

- Aggregated Volume

- Price

N/A (single transaction)

f)

Date of the transaction

28 February 2020

g)

Place of the transaction

New York Stock Exchange

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Olivier Piou

2

Reason for the notification

a)

Position/status

Director

 

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

TechnipFMC plc

b)

Legal Entity Identifier Code

549300D5I93QWCJTCK36

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of USD 1 each

ISIN: GB00BDSFG982

b)

Nature of the transaction

Open market purchase of ordinary shares

c)

Currency

USD

d)

Price(s) and volume(s)

Price: Volume: Total:

 

EUR 13.506,000 EUR 81,000

EUR 14.004,000 EUR 56,000

 

e)

Aggregated information:

- Aggregated Volume

- Price

Price: EUR 13.70

Volume: 10,000

Total: EUR 137,000

f)

Date of the transaction

28 February 2020

g)

Place of the transaction

Euronext Paris

 

TechnipFMC plc

Source: TechnipFMC plc