Beadle Kevin 4
4 · FARO TECHNOLOGIES INC · Filed Feb 23, 2021
Insider Transaction Report
Form 4
Beadle Kevin
Senior Vice President, Sales
Transactions
- Tax Payment
Common Stock
2021-02-21$92.20/sh−248$22,866→ 587 total - Exercise/Conversion
Common Stock
2021-02-21+835→ 835 total - Exercise/Conversion
Restricted Stock Units
2021-02-21−835→ 1,671 total→ Common Stock (835 underlying)
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]835 of the shares underlying the RSUs vested on February 21, 2021, and the remaining shares underlying the RSUs will vest in installments of 835 and 836 on February 21, 2022 and February 21, 2023, respectively.