Buss Siggi 4
4 · FARO TECHNOLOGIES INC · Filed Nov 17, 2011
Insider Transaction Report
Form 4
Buss Siggi
SVP, EUROPE REGION
Transactions
- Exercise/Conversion
Common Stock
2011-11-16$22.28/sh+13,800$307,464→ 38,340 total - Sale
Common Stock
2011-11-16$47.71/sh−13,800$658,398→ 24,540 total - Exercise/Conversion
Employee Stock Option (right to buy)
2011-11-16−13,800→ 0 totalExercise: $22.28Exp: 2014-08-16→ Common Stock (13,800 underlying)
Footnotes (2)
- [F1]Reflects the weighted average sale price. The range of prices for such transaction is $47.00 to $48.00. 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 has 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 and Exchange Commission staff, the issuer or a shareholder of the issuer, full information regarding the number of shares sold at each separate price.
- [F2]The option vested in three equal annual installments on each of 08/12/06, 08/12/07 and 08/12/08.