SEC Form 4 · accession 0000911916-17-000163
FARO TECHNOLOGIES INC · FARO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen R. Bubar
Officer — VP and Corporate Controller
Period of report
Apr 3, 2017
Accepted (ET)
Apr 5, 2017 · 4:48 pm EDT
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 | Apr 3, 2017 | A | 648 | $0.00 | A | 648 | 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 | $33.90 | Apr 3, 2017 | A | 4,667 | A | — | Apr 3, 2024 | Common Stock | 4,667 | 4,667 | 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 April 3, 2020.
- F2The stock option vests in three equal annual installments beginning April 3, 2018.