SEC Form 4 · accession 0000911916-18-000085
FARO TECHNOLOGIES INC · FARO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert E Seidel Jr.
Officer — Chief Financial Officer
Period of report
Mar 20, 2018
Accepted (ET)
Mar 22, 2018 · 6:51 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 StockF2,F1 | Mar 20, 2018 | A | 1,090 | $0.00 | A | 2,644 | 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)F3 | $61.30 | Mar 20, 2018 | A | 8,563 | A | — | Mar 20, 2025 | Common Stock | 8,563 | 8,563 | D |
Explanation of responses
- F1The reporting person's Form 3 filed on March 18, 2016 erroneously reported the grant of 603 restricted stock units that were not granted to the reporting person. This total represents the correct number of shares directly held as of the date of this Form 4.
- F2Issued 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 20, 2021.
- F3The stock option vests in three equal annual installments beginning March 20, 2019.