SEC Form 4 · accession 0000911916-16-000703
FARO TECHNOLOGIES INC · FARO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Simon Raab
Officer — President and CEO · Director
Period of report
Dec 7, 2016
Accepted (ET)
Dec 8, 2016 · 4:48 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000917491
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1 | $39.05 | Dec 7, 2016 | A | 69,475 | A | — | Dec 7, 2023 | Common Stock | 69,475 | 69,475 | D |
Explanation of responses
- F1The options vest as follows: subject to Mr. Raab's continued membership on the Board of Directors, 50% of the options will vest on December 7, 2017, and the remaining 50% of the options will vest on December 7, 2018.