Hall Kathleen 4
4 · FARO TECHNOLOGIES INC · Filed Mar 22, 2018
Insider Transaction Report
Form 4
Hall Kathleen
SVP, AMERICAS
Transactions
- Award
Common Stock
2018-03-20+163→ 9,155 total - Tax Payment
Common Stock
2018-03-20$61.30/sh−46$2,820→ 9,109 total - Award
Employee Stock Option (right to buy)
2018-03-20+1,670→ 4,610 totalExercise: $59.97From: 2018-03-20Exp: 2022-02-27→ Common Stock (1,670 underlying) - Award
Common Stock
2018-03-20+2,027→ 8,992 total - Award
Employee Stock Option (right to buy)
2018-03-20+15,917→ 15,917 totalExercise: $61.30Exp: 2025-03-20→ Common Stock (15,917 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 1,465 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 163 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 15,038 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 1,670 shares of common stock based on the Company's fiscal year 2017 performance.