Gale Jody Storm 4

Accession 0000911916-18-000145

CIK 0000917491other

View on SEC.gov Company Profile

Filed

Aug 1, 8:00 PM ET

Accepted

Aug 2, 5:09 PM ET

Size

22.2 KB

Accession

0000911916-18-000145

Insider Transaction Report

Form 4

Period: 2018-07-31

FARO TECHNOLOGIES INCFARO

Gale Jody Storm

SVP, GENERAL COUNSEL,SECRETARY

Transactions

Exercise/Conversion
Common Stock
2018-07-31$49.60/sh+8,500$421,600→ 15,089 total
Exercise/Conversion
Common Stock
2018-08-01$59.97/sh+3,554$213,133→ 15,240 total
Exercise/Conversion
Employee Stock Option (right to buy)
2018-07-31−8,500→ 5,097 total
Exercise: $49.60Exp: 2021-02-03→ Common Stock (8,500 underlying)
Exercise/Conversion
Employee Stock Option (right to buy)
2018-08-01−5,167→ 10,335 total
Exercise: $34.55Exp: 2024-03-03→ Common Stock (5,167 underlying)
Sale
Common Stock
2018-07-31$65.27/sh−8,500$554,836→ 6,589 total
Exercise/Conversion
Common Stock
2018-08-01$34.55/sh+5,167$178,520→ 20,407 total
Sale
Common Stock
2018-08-01$65.05/sh−13,818$898,911→ 6,589 total
Exercise/Conversion
Common Stock
2018-08-01$49.60/sh+5,097$252,811→ 11,686 total
Exercise/Conversion
Employee Stock Option (right to buy)
2018-08-01−3,554→ 2 total
Exercise: $59.97Exp: 2022-02-27→ Common Stock (3,554 underlying)
Exercise/Conversion
Employee Stock Option (right to buy)
2018-08-01−5,097→ 0 total
Exercise: $49.60Exp: 2021-02-03→ Common Stock (5,097 underlying)

Footnotes (5)

[F1]Represents the sale of 8,500 shares in multiple transactions ranging in price from $65.00 to $65.55 per share, resulting in a weighted average sale price of $65.2748. 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.
[F2]Represents the sale of 13,818 shares in multiple transactions ranging in price from $65.00 to $65.30 per share, resulting in a weighted average sale price of $65.0536. 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.
[F3]These stock options vested in three equal annual installments beginning on February 3, 2015.
[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 each of February 11, 2016, March 3, 2017 and March 20, 2018, the reporting person earned stock options to purchase 1,066, 1,423 and 1,067 shares of common stock, respectively, based on the Company's fiscal year 2015, 2016 and 2017 performance, which stock options vested as of the respective determination date.
[F5]5,167 stock options vested on March 3, 2018, and the remaining 10,335 stock options are scheduled to vest in equal installments on March 3, 2019 and March 3, 2020.

Documents

1 file

4
edgar.xmlPrimary
PRIMARY DOCUMENT

Issuer

FARO TECHNOLOGIES INC

CIK 0000917491

→

Entity typeother

Related Parties

filerCIK 0001597760

Filing Metadata

Form type: 4
Filed: Aug 1, 8:00 PM ET
Accepted: Aug 2, 5:09 PM ET
Size: 22.2 KB

View on SEC.gov