BURGER MICHAEL D 4
4 · FARO TECHNOLOGIES INC · Filed May 31, 2023
Insider Transaction Report
Form 4
BURGER MICHAEL D
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock
2023-02-19+3,977→ 115,586 total - Tax Payment
Common Stock
2023-02-19$28.57/sh−1,292$36,912→ 114,294 total - Exercise/Conversion
Common Stock
2023-02-21+5,390→ 119,684 total - Tax Payment
Common Stock
2023-03-14$24.66/sh−2,453$60,491→ 115,657 total - Exercise/Conversion
Restricted Stock Units
2023-02-19−3,977→ 9,367 total→ Common Stock (3,977 underlying) - Exercise/Conversion
Restricted Stock Units
2023-02-21−5,390→ 3,977 total→ Common Stock (5,390 underlying) - Tax Payment
Common Stock
2023-02-21$27.51/sh−1,574$43,301→ 118,110 total
Footnotes (4)
- [F1]Each restricted stock unit, or RSU, represents a contingent right to receive one share of FARO Technologies, Inc. common stock.
- [F2]The shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of RSUs.
- [F3]The RSUs vest in three equal annual installments beginning February 19, 2022.
- [F4]The RSUs vest in three equal annual installments beginning February 21, 2021.