Beadle Kevin 4
4 · FARO TECHNOLOGIES INC · Filed Dec 9, 2021
Insider Transaction Report
Form 4
Beadle Kevin
Senior Vice President, Sales
Transactions
- Exercise/Conversion
Common Stock
2021-12-09+1,008→ 1,008 total - Tax Payment
Common Stock
2021-12-09$70.34/sh−246$17,304→ 762 total - Exercise/Conversion
Restricted Stock Units
2021-12-09−1,008→ 1,009 total→ Common Stock (1,008 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 FARO Technologies, Inc. to satisfy tax withholding obligations on the vesting of restricted stock units.
- [F4]1,008 of the shares underlying the RSUs vested on December 9, 2021, and the 1,009 remaining shares underlying the RSUs will vest on December 9, 2022.