SEC Form 4 · accession 0000911916-18-000143
FARO TECHNOLOGIES INC · FARO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Katrona Tyrrell
Officer — Chief People Officer
Period of report
Jul 31, 2018
Accepted (ET)
Aug 2, 2018 · 5:05 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 Stock | Jul 31, 2018 | M | 3,247 | $34.55 | A | 5,527 | D | |
| Common StockF1 | Jul 31, 2018 | S | 3,247 | $65.072 | D | 2,280 | 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 | $34.55 | Jul 31, 2018 | M | 3,247 | D | — | Mar 3, 2024 | Common Stock | 3,247 | 6,495 | D |
Explanation of responses
- F1Represents the sale of 3,247 shares in multiple transactions ranging in price from $64.75 to $65.575 per share, resulting in a weighted average sale price of $65.072. The reporting person will provide, upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each price within the range.
- F23,247 options vested on March 3, 2018, and the remaining 6,495 options are scheduled to vest in two equal installments on March 3, 2019 and March 3, 2020.