SEC Form 4 · accession 0000911916-19-000013
FARO TECHNOLOGIES INC · FARO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Simon Raab
Officer — President and CEO · Director
Period of report
Jan 9, 2019
Accepted (ET)
Jan 11, 2019 · 1:59 pm EST
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 | Jan 9, 2019 | A | 24,606 | $0.00 | A | 54,653 | D | |
| Common StockF2 | holding | — | — | — | 44,315 | I | See footnote | |
| Common StockF3 | holding | — | — | — | 80,000 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
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 in full on the date that is six months after the effective date of the reporting person's retirement as FARO Technologies, Inc.'s President and Chief Executive Officer and as a member of its Board of Directors.
- F2Represents shares held by Xenon Research, Inc., a corporation in which the reporting person has investment control over the shares of the issuer owned by such corporation. The reporting person and his wife, Diana Raab, own all of the outstanding shares of Xenon Research, Inc.
- F3Represents shares held by a revocable trust of which the reporting person is settlor and trustee.