CUSIP
No. 34984V209
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SCHEDULE 13G
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Page 3
of 7 Pages
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Item 1. | | (a) Name of Issuer |
Forum Energy Technologies, Inc. (the “Issuer”)
Item 1. | | (b) Address of Issuer’s Principal
Executive Offices |
10344
Sam Houston Park Drive, Suite 300
Houston,
TX 77064
Item 2. | | (a, b, c) Names of Person Filing, Address
of
Principal
Business Office, Citizenship: |
Polen
Capital Management, LLC, a Delaware limited liability company, is located at 1825 NW Corporate Blvd., Suite 300, Boca Raton, FL
33431.
Polen
Capital Credit, LLC, a Massachusetts limited liability company, is located at 1075 Main Street, Suite 320, Waltham, MA 02451.
Item 2. | | (d) Title of Class of Securities |
Common Stock (the “Common Stock”)
34984V209
CUSIP No. 34984V209
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SCHEDULE 13G
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Page 4
of 7 Pages
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Item 3. If
this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: |
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(a) |
¨ |
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); |
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(b) |
¨ |
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); |
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(c) |
¨ |
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); |
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(d) |
¨ |
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); |
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(e) |
x |
An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); |
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(f) |
¨ |
An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); |
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(g) |
x |
A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); |
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(h) |
¨ |
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); |
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(i) |
¨ |
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the
Investment Company Act of 1940 (15 U.S.C. 80a-3); |
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(j) |
¨ |
A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J); |
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(k) |
¨ |
A group, in accordance with §240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J),
please specify the type of institution: |
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CUSIP
No. 34984V209
|
SCHEDULE 13G
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Page
5 of 7 Pages
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Item
4. Ownership
Information
with respect to the Reporting Person’s ownership of the Common Stock as of December 29, 2022, is incorporated by reference
to items (5) - (9) and (11) of the cover page for the Reporting Person.
The
percentage of Common Stock beneficially owned by the Reporting Person is determined based on 10,231,469 shares of Common Stock
outstanding as of February 7, 2023. The Reporting Person is relying on information from a third party source believed to be reliable.
Item 5. Ownership
of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the date hereof the reporting
person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [].
Item
6. Ownership of More Than Five Percent on Behalf of Another Person
Not Applicable.
Item
7. Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent
Holding Company or Control Person
Please
see Exhibit I attached hereto.
Item
8. Identification and Classification of Members of the Group
Not Applicable.
Item
9. Notice of Dissolution of Group
Not Applicable.
Item
10. Certification
By
signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held
in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant
in any transaction having that purpose or effect.
CUSIP No. 34984V209
|
SCHEDULE 13G
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Page
6 of 7 Pages
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SIGNATURE
After reasonable inquiry
and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: February 10, 2023
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Polen
Capital Management, LLC
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By: |
/s/
Brian D. Goldberg |
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Brian D.
Goldberg, General Counsel and Chief Compliance Officer |
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Polen
Capital Credit, LLC
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By: |
/s/
Joshua L. McCarthy |
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Joshua L. McCarthy,
General Counsel and Chief Compliance Officer |
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CUSIP No. 34984V209
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SCHEDULE 13G
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Page 7
of 7 Pages
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Exhibit I
Pursuant to the instructions in Item 7 of Schedule
13G, Polen Capital Credit, LLC (“Polen Credit”), a wholly-owned subsidiary of Polen Capital Management, LLC and an investment
adviser registered under Section 203 of the Investment Advisers Act of 1940, as amended, may be deemed, as of December 31, 2022, the
beneficial owner of 946,123 shares or approximately 9.2% of the common stock outstanding of Forum Energy Technologies, Inc. (the “Issuer”)
as a result of acting as investment adviser to certain funds and/or accounts under its management.
Polen Capital Management, LLC (“Polen
Capital”), the parent company and control person of Polen Credit, is also an investment adviser registered under Section 203 of
the Investment Advisers Act of 1940, as amended. Polen Capital, through its control of Polen Credit, may also be deemed, as of December
31, 2022, the beneficial owner of the 946,123 shares of common stock of the Issuer.
JOINT FILING STATEMENT
The undersigned hereby agree that they are filing this statement jointly pursuant to Rule 13d-1(k)(1). Each of them is responsible for
the timely filing of such Schedule 13G and any amendments thereto, and for the completeness and accuracy of the information concerning
such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other
persons making the filing, unless such person knows or has reason to believe that such information is inaccurate.
In accordance with Rule 13d-1(k)(1) promulgated under the Securities and Exchange Act of 1934, as amended, the undersigned hereby agree
to the joint filing with each other on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect
to the common stock of Forum Energy Technologies, Inc., and further agree that this Joint Filing Agreement shall be included as an exhibit
to such joint filings.
Dated: February 10, 2023
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Polen
Capital Management, LLC
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By: |
/s/
Brian D. Goldberg |
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Brian D.
Goldberg, General Counsel and Chief Compliance Officer |
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Polen
Capital Credit, LLC
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By: |
/s/
Joshua L. McCarthy |
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Joshua L. McCarthy,
General Counsel and Chief Compliance Officer |
Forum Energy Technologies (NYSE:FET)
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