SEC Form 4 · accession 0000911916-18-000164
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 31, 2018
Accepted (ET)
Sep 4, 2018 · 4:07 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 31, 2018 | M | 17,090 | $33.05 | A | 26,199 | D | |
| Common Stock | Aug 31, 2018 | M | 974 | $34.55 | A | 27,173 | D | |
| Common StockF1 | Aug 31, 2018 | S | 18,064 | $68.0377 | 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)F2 | $33.05 | Aug 31, 2018 | M | 17,090 | D | — | Mar 2, 2023 | Common Stock | 17,090 | 8,546 | D |
| Employee Stock Option (right to buy)F3 | $34.55 | Aug 31, 2018 | M | 974 | D | — | Mar 3, 2024 | Common Stock | 974 | 22,732 | D |
Explanation of responses
- F1Represents the sale of 18,064 shares in multiple transactions ranging in price from $68.00 to $68.225 per share, resulting in a weighted average sale price of $68.0377. 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.
- F28,545 of the options vested on each of 3/2/2017 and 3/2/2018. 8,546 of the options will vest on 3/2/2019.
- F37,902 of the options vested on 3/3/2018. 7,902 of the options will vest on each of 3/3/2019 and 3/3/2020.