ࡱ> uv l \pThe Free Software Foundation B=PF0*8X@"1 Helvetica1Courier1 Courier New1 Courier New1 Helvetica$#,##0_);($#,##0)$#,##0_);[Red]($#,##0)$#,##0.00_);($#,##0.00)$#,##0.00_);[Red]($#,##0.00)-**_($* #,##0_);_($* (#,##0);_($* "-"_);_(@_)*)'_(* #,##0_);_(* (#,##0);_(* "-"_);_(@_)5,2_($* #,##0.00_);_($* (#,##0.00);_($* "-"??_);_(@_)2+/_(* #,##0.00_);_(* (#,##0.00);_(* "-"??_);_(@_)2$#,##0.00;[Red]$#,##0.003$#,##0.00;[Red]($#,##0.00)4$#,##0;[Red]($#,##00)50.00%;[Red](0.00%)6 0%;[Red](0%)7#,##0.00;[Red](#,##0.00)8#,##0;[Red](#,##0)                + ) , *   Ј ~~ ؈ ~~#؈ ~~"؈ ~~ ؈ ~~8#܈ ~~9#܈ ~~7#܈ ~~8"܈ ~~4"܈ ~~4#܈ ~~3#܈ ~~9"܈ ~~83ffff̙̙3f3fff3f3f33333f33{ Table of Contents`$III Board of Directors%;,Directors Continuing in Office%3Directors Continuing in Of (1)%;Directors Continuing in Of (2) DManagement Ownership!SOther Security Ownership^Summary CompensationKStock Option GrantsStock Option ExerciseshRetirement Plans&+Equity Compensation Plan Inform&RRelationship with Independent Pand Proxy Statement&FIDELITY MANAGEMENT TRUST COMPA&+BANCO POPULAR DE PUERTO RICO Tr l  ?#  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??III Board of Directors Directors Continuing in Office Directors Continuing in Of (1) Directors Continuing in Of (2)Management OwnershipOther Security OwnershipSummary CompensationStock Option GrantsStock Option ExercisesRetirement Plans!Equity Compensation Plan Inform!Relationship with Independent Pand Proxy Statement!FIDELITY MANAGEMENT TRUST COMPA!BANCO POPULAR DE PUERTO RICO TrU } } $ } :} $ }  ?     FMC TECHNOLOGIES INCDEF 14A 03/12/2004Table of Contents I.  Information about Voting ~  II. % Proposal Submitted for Voting ~    ? Election of Directors ~    ? Nominees for Director ~  III.  Board of Directors ~ ? Nominees for Director~ ( ? Directors Continuing in Office~  IV.0(Information about the Board of Directors~ "? Corporate Governance~ " ? Meetings~ ".&? Committees of the Board of Directors~ "? Director Independence~ .5-? Executive Sessions of Independent Directors~ .? Director Compensation~ 2/'? Compensation Committee Interlocks and~ 6-%Insider Participation in Compensation Decisions V./'Certain Relationships and Related Party~ : Transactions.&? Board of Directors Relationships and~ :"Related Party Transactions/'? Arrangements between FMC Technologies~ :and FMC CorporationD lvj.x#z%^ ^ Ins5 !"#$%&'()*+,-./0123456789:;<=> VI. . &Security Ownership of FMC Technologies ~ B!!!? Management Ownership!~ !B""""? Other Security Ownership"~ "F #VII.##Executive Compensation#~ #J$$$$? Summary Compensation Table$~ $J%%0%(? Option Grants for Services Rendered in%~ %R&&~ &N''1')? Aggregated Option Exercises in 2003 and'~ 'R(((Year-End Option Values)))? Retirement Plans)~ )V**8*0? Termination and Change of Control Arrangements*~ *V++.+&? Report of the Compensation Committee+~ +Z,,!,on Executive Compensation--5--? Stockholder Return Performance Presentation-~ -j .VIII... Other Matters.~ .n//./&? Equity Compensation Plan Information/~ /n0060.? Section 16(a) Beneficial Ownership Reporting0~ 0n111 Compliance22 2? Audit Committee Report2~ 2r33.3&? Relationship with Independent Public3~ 3v444 Accountants555? Code of Ethics5~ 5z66/6'? Proposals for the 2005 Annual Meeting6~ 6z77)7!? Stockholders Sharing an Address7~ 7z8868.? Expenses Relating to this Proxy Solicitation8~ 8~99,9$Appendix A ? Audit Committee Charter9 9A-1:;$<____________________________1=)Created by Morningstar Document Research.0>(http://documentresearch.morningstar.com/B XE;HPD$< Z, =PF0*8X> @>>==<< l  +  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??Table of Contents Directors Continuing in Office Directors Continuing in Of (1) Directors Continuing in Of (2)Management OwnershipOther Security OwnershipSummary CompensationStock Option GrantsStock Option ExercisesRetirement Plans!Equity Compensation Plan Inform!Relationship with Independent Pand Proxy Statement!FIDELITY MANAGEMENT TRUST COMPA!BANCO POPULAR DE PUERTO RICO TrU } $ } :      FMC TECHNOLOGIES INCDEF 14A 03/12/2004III. Board of Directors   Joseph H. Netherland  1 )Principal Occupation: Chairman, President  8 0and Chief Executive Officer of FMC Technologies,   Inc.   Age: 57Director Since: 2001$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/,]||pd@g?=PF0*8X> @ l  83  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??Table of ContentsIII Board of Directors Directors Continuing in Of (1) Directors Continuing in Of (2)Management OwnershipOther Security OwnershipSummary CompensationStock Option GrantsStock Option ExercisesRetirement Plans!Equity Compensation Plan Inform!Relationship with Independent Pand Proxy Statement!FIDELITY MANAGEMENT TRUST COMPA!BANCO POPULAR DE PUERTO RICO TrU } $ } U5      FMC TECHNOLOGIES INCDEF 14A 03/12/2004&Directors Continuing in Office   Richard A. Pattarozzi  4 ,Principal Occupation: Retired Vice President   of Shell Oil Company   Age: 60   Director Since: 2002$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/*hui]9xM =PF0*8X> @ l  :  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??Table of ContentsIII Board of Directors Directors Continuing in Office Directors Continuing in Of (2)Management OwnershipOther Security OwnershipSummary CompensationStock Option GrantsStock Option ExercisesRetirement Plans!Equity Compensation Plan Inform!Relationship with Independent Pand Proxy Statement!FIDELITY MANAGEMENT TRUST COMPA!BANCO POPULAR DE PUERTO RICO TrU } $ } 2      FMC TECHNOLOGIES INCDEF 14A 03/12/2004&Directors Continuing in Office   Mike R. Bowlin  . &Principal Occupation: Retired Chairman  2 *of the Board of Atlantic Richfield Company      Age: 61Director Since: 2001$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/,Q|ui]9oK =PF0*8X> @ l  }C  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??Table of ContentsIII Board of Directors Directors Continuing in Office Directors Continuing in Of (1)Management OwnershipOther Security OwnershipSummary CompensationStock Option GrantsStock Option ExercisesRetirement Plans!Equity Compensation Plan Inform!Relationship with Independent Pand Proxy Statement!FIDELITY MANAGEMENT TRUST COMPA!BANCO POPULAR DE PUERTO RICO TrU } $ } 2      FMC TECHNOLOGIES INCDEF 14A 03/12/2004&Directors Continuing in Office   Edward J. Mooney  - %Principal Occupation: Retired D?l?gu?   G?n?ral?North America,  2 *Suez Lyonnaise des Eaux, a global provider   of energy, water,)!waste and communications servicesAge: 62Director Since: 2001$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0 ui]94WK?=PF0*8X> @ l  "QR  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??Table of ContentsIII Board of Directors Directors Continuing in Office Directors Continuing in Of (1) Directors Continuing in Of (2)Other Security OwnershipSummary CompensationStock Option GrantsStock Option ExercisesRetirement Plans!Equity Compensation Plan Inform!Relationship with Independent Pand Proxy Statement!FIDELITY MANAGEMENT TRUST COMPA!BANCO POPULAR DE PUERTO RICO TrU } a/} $ } U} $ } } $} $ "     FMC TECHNOLOGIES INCDEF 14A 03/12/2004Management Ownership   Beneficial Ownership on  Percent of Class    February 1, 2004    Name  Common Stock of    FMC TechnologiesMike R. Bowlin (1)~ Ji"B. A. Bridgewater, Jr. (1)~ 4"Charles H. Cannon, Jr. (2)~ :!Thomas M. Hamilton (1)(3)~ &=Peter D. Kinnear (2)~ Asbj?rn Larsen (1)~ Edward J. Mooney (1)~ ` Joseph H. Netherland (2)~ :F333333? %!Richard A. Pattarozzi (1)~ blRobert L. Potter (2)~ >'James M. Ringler (1)~ *$William H. Schumann, III (2)~ fJames R. Thompson (1)~ /'All directors and executive officers as~ o@ %#a group (16 persons) (1)(2)$____________________________D lsg|XU*pF$M& !1 )Created by Morningstar Document Research.0!(http://documentresearch.morningstar.com/=PF0*8X> @!!  l  ^  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??Table of ContentsIII Board of Directors Directors Continuing in Office Directors Continuing in Of (1) Directors Continuing in Of (2)Management OwnershipSummary CompensationStock Option GrantsStock Option ExercisesRetirement Plans!Equity Compensation Plan Inform!Relationship with Independent Pand Proxy Statement!FIDELITY MANAGEMENT TRUST COMPA!BANCO POPULAR DE PUERTO RICO TrU } I;} $ } %} $ }  } $      FMC TECHNOLOGIES INCDEF 14A 03/12/2004 Other Security Ownership, $Name and Address of Beneficial Owner ' Amount and Nature of Beneficial   Percent of     Ownership   Class (1)     & FMC Technologies, Inc. Savings & 3,777,878 shares held in trust  Gz@ %! and Investment Plan Trust  for participants in the91c/o Fidelity Management Trust Company, as trustee employee 401(k) plan (2)82 Devonshire StreetBoston, MA 02109&T. Rowe Price Associates, Inc.8,576,014 shares (3)(\)@ %100 E. Pratt StreetBaltimore, MD 21202( Pzena Investment Management, LLC4,602,805 shares (4)p= ף@ %!120 West 45 th StreetNew York, NY 10036$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/:{oc8qh&=PF0*8X> @ l  .Uy  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??Table of ContentsIII Board of Directors Directors Continuing in Office Directors Continuing in Of (1) Directors Continuing in Of (2)Management OwnershipOther Security OwnershipStock Option GrantsStock Option ExercisesRetirement Plans!Equity Compensation Plan Inform!Relationship with Independent Pand Proxy Statement!FIDELITY MANAGEMENT TRUST COMPA!BANCO POPULAR DE PUERTO RICO TrU } a/} $ } } $ }  } U} $ }  } U} $ } <} U} $ } } $ }  } $ }  .     FMC TECHNOLOGIES INCDEF 14A 03/12/2004Summary Compensation              Long-Term                 Compensation                   Annual Compensation    Restricted     All Other        Stock    Compen-      Awardsation    ~  ~     ~  ~ #Name and Principal PositionFiscalSalary Bonus   Other  ~   Securities Year~ ~   Annual    Underlying~    Compensation   Options ~      (#)     JOSEPH H. NETHERLAND~ N~ jd0~ V< ~    ~  [v~ ' ~ i/'Chairman, President and Chief Executive~ J~ ^-~ 5 ~  ~   ~  ~ ~ BOfficer~ F~ ~(~ ~ $~  ~  ~   ~  ~ H(~ "   WILLIAM H. SCHUMANN, III~ N~ "~ F ~    ~   ~ @~ .&Senior Vice President, Chief Financial~ J~ ~ & ~    ~  ~ ~ z8Officer and Treasurer~ F~ f~ ~ )~  ~    ~  ~ B ~ B  PETER D. KINNEAR~ N~ R~ C ~    ~   ~ T~ ?Vice President~ J~ nN~  ~    ~  *w$~ ~ DlsgZ`}J.0$% !"#$%&'()*+,-  ~ F ~ |~  ~ ~  ~   ~  ~ R  ~ R!!!!! ! !!"CHARLES H. CANNON, JR."~ "N"~ """~ "N"" ~ " " " ~ " K "~ "*"~ "V#Vice President#~ #J#~ #ڼ##~ #~6## ~ # # # ~ # #~ ##~ #^$$~ $F$~ $ ~ $$~ $I ~ $$ ~ $ $ $ ~ $ $~ $R $~ $%%%%% % %%&ROBERT L. POTTER&~ &N&~ &֜&&~ &B,&& ~ & & & ~ & &~ &җ&~ &'Vice President'~ 'J'~ 'BN''~ 'f '' ~ ' ' ' ~ ' !'~ ''~ 'v7((~ (F(~ (B~ ((~ (~ (( ~ ( ( ( ~ ( (~ ( (~ (K)*$+____________________________1,)Created by Morningstar Document Research.0-(http://documentresearch.morningstar.com/  |h=PF0*8X> @2--,,++    l  e  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??Table of ContentsIII Board of Directors Directors Continuing in Office Directors Continuing in Of (1) Directors Continuing in Of (2)Management OwnershipOther Security OwnershipSummary CompensationStock Option ExercisesRetirement Plans!Equity Compensation Plan Inform!Relationship with Independent Pand Proxy Statement!FIDELITY MANAGEMENT TRUST COMPA!BANCO POPULAR DE PUERTO RICO TrU } } $ }  } $ }  } $} $ } y } $ } } $ }                            FMC TECHNOLOGIES INCDEF 14A 03/12/2004Stock Option Grants    Name   Number of   Percent of   Exercise   Expiration  Grant    Securities  Total   or Base  Date  Date    Underlying  Options   Price    Present   Options   Granted to   ($/SH)     Value ($)    Granted in   Employees      ~ 2003 (#)in 2003Joseph H. Netherland~ ' 333332@ %p= c3@  2/20/2013 ~  ҤN William H. Schumann, III~ @ffffff@ %p= c3@  2/20/2013 ~  XPeter D. Kinnear~ T333333@ %p= c3@  2/20/2013 ~  *Charles H. Cannon, Jr.~ *@ %p= c3@  2/20/2013 ~  ƜRobert L. Potter~ җ @ %p= c3@  2/20/2013 ~   $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8 thlj%c/#=PF0*8X> @   l  [  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??Table of ContentsIII Board of Directors Directors Continuing in Office Directors Continuing in Of (1) Directors Continuing in Of (2)Management OwnershipOther Security OwnershipSummary CompensationStock Option GrantsRetirement Plans!Equity Compensation Plan Inform!Relationship with Independent Pand Proxy Statement!FIDELITY MANAGEMENT TRUST COMPA!BANCO POPULAR DE PUERTO RICO TrU } } $ } y } $ } $} $ } }  $                            FMC TECHNOLOGIES INCDEF 14A 03/12/2004Stock Option Exercises   Name  Shares  Value  Number of Securities  Value of Unexercised   Acquired  Realized  Underlying Unexercised  in-the-Money Options   On ~   Options/SARs at  at 12/31/2003 ($) (1)   Exercise     12/31/2003 (#)     (#)     !Exercisable/Unexercisable! Exercisable/Unexercisable Joseph H. Netherland~ Ν~ VnL475,638/810,000 $3,607,407/$2,764,500 William H. Schumann, III~ :~ w0225,702/198,900 $1,579,738/$678,879Peter D. Kinnear ? ?76,680/186,700 $529,570/$639,412Charles H. Cannon, Jr.~ J~ "193,510/184,000 $1,388,752/$628,855Robert L. Potter ? ?79,574/141,400 $665,734/$482,541$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8 }qe>viINe=PF0*8X> @            l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??Table of ContentsIII Board of Directors Directors Continuing in Office Directors Continuing in Of (1) Directors Continuing in Of (2)Management OwnershipOther Security OwnershipSummary CompensationStock Option GrantsStock Option Exercises!Equity Compensation Plan Inform!Relationship with Independent Pand Proxy Statement!FIDELITY MANAGEMENT TRUST COMPA!BANCO POPULAR DE PUERTO RICO TrU } $} $      FMC TECHNOLOGIES INCDEF 14A 03/12/2004Retirement Plans       , $Estimated Annual Retirement Benefits  & for Years of Service Indicated Final Average Earnings  15 Years  20 Years  25 Years  30 Years  35 Years  40 Years               $ 150,000 ~  ~ v ~  ~ 6 ~ O ~  $ 250,000~ 8~ K~ v^ ~  Vq ~ :~ 2 $ 350,000~ >~ R ~ f ~  v0  ~  ~ R  $ 450,000~ ~ ~ V  ~    ~  ~ 2 $ 550,000~ ^W~  ~ F<  ~   ~ *!~  $ 650,000~ ~  ~ 6 ~  m ~ zU~ 2O $ 900,000~ % ~ r2~ ? ~  K ~ BX~ v ~ 0F~ ~ R~  ~  v) ~  [$~ )~ XO~ ~ r~ f ~  &H# ~ ))~ /~ BX~ n~ D~   ~  f' ~ -~ 24~ Bd~ r~ ~ i% ~  , ~ `4~ 2;~ Bp~ 1~ !~ v) ~  Vc2 ~ ::~ 2AC$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/@Dwk?l YTVJ>=PF0*8X> @S                                   l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??Table of ContentsIII Board of Directors Directors Continuing in Office Directors Continuing in Of (1) Directors Continuing in Of (2)Management OwnershipOther Security OwnershipSummary CompensationStock Option GrantsStock Option ExercisesRetirement Plans!Relationship with Independent Pand Proxy Statement!FIDELITY MANAGEMENT TRUST COMPA!BANCO POPULAR DE PUERTO RICO TrU } a/} $ } U} U} $ } $} $ } } U                           FMC TECHNOLOGIES INCDEF 14A 03/12/2004,$Equity Compensation Plan Information    Number of shares to be  ! Weighted average exercise  Number of shares    issued upon exercise  % price of outstanding options,  remaining available   of outstanding options,   warrants and rights  for future issuance   warrants and rights      under equity         compensation plans-%Equity compensation plans approved by~ j~  HzG2@~ ~  security holders (1)/'Equity compensations plans not approved ? ? ? by security holders Total~ j~ ~ ~  $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6 {ocW4t) ymE=PF0*8X> @:       l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??Table of ContentsIII Board of Directors Directors Continuing in Office Directors Continuing in Of (1) Directors Continuing in Of (2)Management OwnershipOther Security OwnershipSummary CompensationStock Option GrantsStock Option ExercisesRetirement Plans!Equity Compensation Plan Informand Proxy Statement!FIDELITY MANAGEMENT TRUST COMPA!BANCO POPULAR DE PUERTO RICO TrU } $} $ } U} $ } $      FMC TECHNOLOGIES INCDEF 14A 03/12/200480Relationship with Independent Public Accountants   (000s)  ~ !N ~ !J      Audit Fees (1) ~ " ~  Audit Related Fees (2)  ~   ~ V Tax Fees (3)~ . ~ j All Other Fees (4)~  ~  Total~ 3~ '$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4ocWKQ1s.=PF0*8X> @R       l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??Table of ContentsIII Board of Directors Directors Continuing in Office Directors Continuing in Of (1) Directors Continuing in Of (2)Management OwnershipOther Security OwnershipSummary CompensationStock Option GrantsStock Option ExercisesRetirement Plans!Equity Compensation Plan Inform!Relationship with Independent P!FIDELITY MANAGEMENT TRUST COMPA!BANCO POPULAR DE PUERTO RICO TrU } $} $ } $4} $ } }  $                   FMC TECHNOLOGIES INCDEF 14A 03/12/2004and Proxy Statement  ~  / 'Election of three Directors to serve in  For All          Class III  For Withheld Except  3 +for a term expiring in 2007 as set forth in  O O O$ ____________________________1 )Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/and James R. Thompson.&@th0a9=PF0*8X> @ l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??Table of ContentsIII Board of Directors Directors Continuing in Office Directors Continuing in Of (1) Directors Continuing in Of (2)Management OwnershipOther Security OwnershipSummary CompensationStock Option GrantsStock Option ExercisesRetirement Plans!Equity Compensation Plan Inform!Relationship with Independent Pand Proxy Statement!BANCO POPULAR DE PUERTO RICO TrU } $} $ } $4} $ } }  $                   FMC TECHNOLOGIES INCDEF 14A 03/12/20042*FIDELITY MANAGEMENT TRUST COMPANY, Trustee  ~  / 'Election of three Directors to serve in  For All          Class III  For Withheld Except  3 +for a term expiring in 2007 as set forth in  O O O$ ____________________________1 )Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/and James R. Thompson.&@ui]QJ"=PF0*8X> @ l  K  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??Table of ContentsIII Board of Directors Directors Continuing in Office Directors Continuing in Of (1) Directors Continuing in Of (2)Management OwnershipOther Security OwnershipSummary CompensationStock Option GrantsStock Option ExercisesRetirement Plans!Equity Compensation Plan Inform!Relationship with Independent Pand Proxy Statement!FIDELITY MANAGEMENT TRUST COMPAU } $} $ } $4} $ } }  $                   FMC TECHNOLOGIES INCDEF 14A 03/12/2004-%BANCO POPULAR DE PUERTO RICO, Trustee  ~  / 'Election of three Directors to serve in  For All          Class III  For Withheld Except  3 +for a term expiring in 2007 as set forth in  O O O$ ____________________________1 )Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/and James R. Thompson.&@znbVO'=PF0*8X> @ Root Entry FBook    !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrst