4//SEC Filing
BURGER MICHAEL D 4
Accession 0000917491-23-000009
CIK 0000917491other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 6:32 PM ET
Size
7.3 KB
Accession
0000917491-23-000009
Insider Transaction Report
Form 4
BURGER MICHAEL D
DirectorPresident and CEO
Transactions
- Award
Common Stock
2023-03-01+57,358→ 111,609 total - Award
Restricted Stock Units
2023-03-01+86,038→ 86,038 total→ Restricted Stock Units (86,038 underlying)
Footnotes (3)
- [F1]The reported shares are represented by restricted stock units, or RSUs, which vest in three equal annual installments beginning on March 1, 2024.
- [F2]Each RSU or performance share unit, or PRSU, as applicable, represents the contingent right to receive the economic equivalent of one share of FARO Technologies, Inc. common stock.
- [F3]The PRSUs vest on March 1, 2026 based upon the Company's relative total shareholder return ("TSR") compared to the TSR of the companies in the Russell 2000 Growth Index and pre-established thresholds from 0% payout to a maximum of 200%.
Documents
Issuer
FARO TECHNOLOGIES INC
CIK 0000917491
Entity typeother
Related Parties
1- filerCIK 0001252039
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 6:32 PM ET
- Size
- 7.3 KB