SEC Form 4 · accession 0000911916-18-000154
FARO TECHNOLOGIES INC · FARO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kathleen Hall
Officer — Chief Operating Officer
Period of report
Aug 13, 2018
Accepted (ET)
Aug 15, 2018 · 4:36 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 | Aug 13, 2018 | M | 5,921 | $38.57 | A | 15,030 | D | |
| Common StockF1 | Aug 13, 2018 | S | 5,921 | $67.5356 | D | 9,109 | D | |
| Common Stock | Aug 14, 2018 | M | 19,948 | $38.57 | A | 29,057 | D | |
| Common StockF2 | Aug 14, 2018 | S | 19,948 | $67.5051 | D | 9,109 | D | |
| Common Stock | Aug 15, 2018 | M | 383 | $38.57 | A | 9,492 | D | |
| Common Stock | Aug 15, 2018 | S | 383 | $66.40 | D | 9,109 | 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 | $38.57 | Aug 13, 2018 | M | 5,921 | D | — | Jul 15, 2020 | Common Stock | 5,921 | 20,331 | D |
| Employee Stock Option (right to buy)F3 | $38.57 | Aug 14, 2018 | M | 19,948 | D | — | Jul 15, 2020 | Common Stock | 19,948 | 383 | D |
| Employee Stock Option (right to buy)F3 | $38.57 | Aug 15, 2018 | M | 383 | D | — | Jul 15, 2020 | Common Stock | 383 | 0 | D |
Explanation of responses
- F1Represents the sale of 5,921 shares in multiple transactions ranging in price from $67.50 to $67.80 per share, resulting in a weighted average sale price of $67.5356. 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.
- F2Represents the sale of 19,948 shares in multiple transactions ranging in price from $67.50 to $67.55 per share, resulting in a weighted average sale price of $67.5051. 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.
- F3The options vested in three equal installments on 7/15/14, 7/15/15 and 7/15/16.