Beadle Kevin 4
4 · FARO TECHNOLOGIES INC · Filed Dec 10, 2020
Insider Transaction Report
Form 4
Beadle Kevin
Senior Vice President, Sales
Transactions
- Exercise/Conversion
Common Stock
2020-12-09+1,008→ 1,008 total - Exercise/Conversion
Restricted Stock Units
2020-12-09−1,008→ 2,017 total→ Common Stock (1,008 underlying) - Tax Payment
Common Stock
2020-12-09$68.33/sh−246$16,809→ 762 total
Footnotes (4)
- [F1]Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.
- [F2]Each RSU represents a contingent right to receive the economic equivalent of one share of common stock of FARO Technologies, Inc. (the "Issuer") upon vesting for no consideration.
- [F3]Represents shares withheld by the Issuer to satisfy tax withholding obligations on the vesting of RSUs.
- [F4]1,008 of the shares underlying the RSUs vested on December 9, 2020, and the remaining shares underlying the RSUs will vest in equal annual installments on December 9, 2021 and December 9, 2022.