4//SEC Filing
Gale Jody Storm 4
Accession 0000911916-18-000075
CIK 0000917491other
Filed
Mar 21, 8:00 PM ET
Accepted
Mar 22, 6:43 PM ET
Size
13.1 KB
Accession
0000911916-18-000075
Insider Transaction Report
Form 4
Gale Jody Storm
SVP, GENERAL COUNSEL,SECRETARY
Transactions
- Tax Payment
Common Stock
2018-03-20$61.30/sh−26$1,594→ 6,589 total - Award
Employee Stock Option (right to buy)
2018-03-20+1,067→ 3,556 totalExercise: $59.97From: 2018-03-20Exp: 2022-02-27→ Common Stock (1,067 underlying) - Award
Common Stock
2018-03-20+1,198→ 6,511 total - Award
Common Stock
2018-03-20+104→ 6,615 total - Award
Employee Stock Option (right to buy)
2018-03-20+9,412→ 9,412 totalExercise: $61.30Exp: 2025-03-20→ Common Stock (9,412 underlying)
Footnotes (4)
- [F1]Issued 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.
- [F2]On February 27, 2015, the reporting person was granted performance-based restricted stock units ("RSUs") representing a contingent right to receive 1,247 shares of common stock, with the number of RSUs earned to be determined based on the extent to which certain performance conditions for each of fiscal years 2015, 2016 and 2017 were met. As determined on March 20, 2018, the reporting person earned 104 RSUs based on the Company's fiscal year 2017 performance.
- [F3]The stock option vests in three equal annual installments beginning March 20, 2019
- [F4]On February 27, 2015, the reporting person was granted performance-based stock options to purchase 12,803 shares of common stock, with the number of stock options earned to be determined based on the extent to which certain performance conditions for each of fiscal years 2015, 2016 and 2017 were met. As determined on March 20, 2018, the reporting person earned stock options to purchase 1,067 shares of common stock based on the Company's fiscal year 2017 performance.
Documents
Issuer
FARO TECHNOLOGIES INC
CIK 0000917491
Entity typeother
Related Parties
1- filerCIK 0001597760
Filing Metadata
- Form type
- 4
- Filed
- Mar 21, 8:00 PM ET
- Accepted
- Mar 22, 6:43 PM ET
- Size
- 13.1 KB