SEC Form 4 · accession 0000911916-16-000433
FARO TECHNOLOGIES INC · FARO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Laura Murphy
Officer — Senior VP & CFO
Period of report
Mar 2, 2016
Accepted (ET)
Mar 4, 2016 · 4:19 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000917491
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 2, 2016 | A | 2,787 | $0.00 | A | 2,787 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $33.05 | Mar 2, 2016 | A | 22,396 | A | — | Mar 2, 2023 | Common Stock | 22,396 | 22,396 | D |
Explanation of responses
- F1Issued as restricted stock units, which represent the contingent right to receive an equivalent number of shares of common stock. The restricted stock units vest on March 2, 2019.
- F2The stock option vests in three equal annual installments beginning March 2, 2017.