4//SEC Filing
LAU PETER JAMES 4
Accession 0001628280-24-008950
CIK 0000917491other
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 4:40 PM ET
Size
17.2 KB
Accession
0001628280-24-008950
Insider Transaction Report
Form 4
LAU PETER JAMES
DirectorPresident and CEO
Transactions
- Award
Common Stock
2024-03-01+41,348→ 150,057 total - Award
Performance Share Units
2024-03-01+62,022→ 225,086 total→ Common Stock (62,022 underlying)
Footnotes (3)
- [F1]The reported shares are represented by restricted stock units, or RSUs, which vest in three equal annual installments beginning on March 1, 2025.
- [F2]Each RSU or performance share unit, or PRSU, as applicable, represents the contingent right to receive the economic equivalent of one share of FARO Technologies, Inc. common stock.
- [F3]The PRSUs vest on March 1, 2027 based upon the Company's relative total shareholder return ("TSR") compared to the TSR of the companies in the Russell 2000 Growth Index and pre-established thresholds from 0% payout to a maximum of 200%. At a 200% payout the maximum number of PRSUs vesting would be 124,044.
Issuer
FARO TECHNOLOGIES INC
CIK 0000917491
Entity typeother
Related Parties
1- filerCIK 0001821482
Filing Metadata
- Form type
- 4
- Filed
- Mar 4, 7:00 PM ET
- Accepted
- Mar 5, 4:40 PM ET
- Size
- 17.2 KB