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Share Name | Share Symbol | Market | Type |
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TechnipFMC Limited | NYSE:FTI | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.57 | 2.25% | 25.93 | 26.165 | 25.55 | 25.72 | 2,807,956 | 01:00:00 |
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Delaware
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001-16489
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36-4412642
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(State or other jurisdiction of incorporation)
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(Commission File Number)
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(I.R.S. Employer Identification No.)
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5875 N. Sam Houston Parkway W., Houston, Texas
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77086
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(Address of principal executive offices)
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(Zip Code)
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Item 5.02
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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
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An increase in his annual base salary from $749,858 to $1,000,000;
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A promotional equity grant in the form of time-based restricted stock units valued at $1,500,000, which will vest on September 1, 2019, and will not accelerate and vest upon closing of the proposed merger of the Company and Technip S.A.; and
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An increase in his annual cash incentive bonus target from 110 percent to 120 percent.
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By: /s/ Dianne B. Ralston
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Dated: September 2, 2016
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Name: Dianne B. Ralston
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Title: Senior Vice President, General Counsel and Secretary
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1 Year TechnipFMC Chart |
1 Month TechnipFMC Chart |
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