Morse David 4
4 · FARO TECHNOLOGIES INC · Filed Nov 17, 2011
Insider Transaction Report
Form 4
Morse David
SVP, AMERICAS REGION
Transactions
- Sale
Common Stock
2011-11-15$47.20/sh−5,467$258,042→ 3,684 total - Exercise/Conversion
Common Stock
2011-11-15$31.06/sh+5,467$169,805→ 9,151 total - Exercise/Conversion
Employee Stock Option (right to buy)
2011-11-15−5,467→ 0 totalExercise: $31.06Exp: 2015-03-12→ Common Stock (5,467 underlying)
Footnotes (2)
- [F1]Reflects the weighted average sale price. The range of prices for such transaction is $47.15 to $47.25. The reporting person effected multiple same-way open market sale transactions on the same day at different prices through a trade order executed by a broker-dealer. The reporting person reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide upon request by the Securities Exchange Commission staff, the issuer, or a shareholder of the issuer, full information regarding the number of shares sold at each separate price.
- [F2]2,733 options vested on each of 03/12/09 and 03/12/10 and 2,734 options vested on 03/12/11.