4//SEC Filing
Delnick Phillipe L. 4
Accession 0001628280-25-035442
CIK 0000917491other
Filed
Jul 20, 8:00 PM ET
Accepted
Jul 21, 4:04 PM ET
Size
8.1 KB
Accession
0001628280-25-035442
Insider Transaction Report
Form 4
Delnick Phillipe L.
SVP, Global Sales
Transactions
- Disposition to Issuer
Common Stock
2025-07-21$44.00/sh−13,288$584,672→ 0 total - Disposition to Issuer
Performance Share Units
2025-07-21$44.00/sh−19,932$877,008→ 0 total→ Common Stock (19,932 underlying)
Footnotes (3)
- [F1]Represents shares of issuer's common stock and restricted stock units relating to such common stock that were disposed of in connection with the merger of a wholly owned subsidiary of AMETEK, Inc. ("Merger Sub") with and into issuer (the "Merger") pursuant to the Agreement and Plan of Merger, dated as of May 5, 2025, by and among issuer, AMETEK, Inc., AMETEK TP, Inc. and Merger Sub (the "Merger Agreement"). At the effective time of the Merger, each issued and outstanding share of issuer's common stock (subject to certain exceptions described in the Merger Agreement) and each restricted stock unit were canceled and converted into the right to receive $44.00 in cash.
- [F2]Each performance share unit represents the contingent right to receive the economic equivalent of one share of FARO Technologies, Inc. common stock.
- [F3]Pursuant to the terms of the Merger Agreement, immediately prior to the effective time of the Merger, these performance share units, which would have become vested as of immediately prior to the effective time of the Merger if the effective time of the Merger were the last day of the relevant performance period and the achievement of all relevant performance-based vesting requirements were determined at such time, were cancelled and converted into the right to receive equal to $44.00 in cash.
Documents
Issuer
FARO TECHNOLOGIES INC
CIK 0000917491
Entity typeother
Related Parties
1- filerCIK 0002043012
Filing Metadata
- Form type
- 4
- Filed
- Jul 20, 8:00 PM ET
- Accepted
- Jul 21, 4:04 PM ET
- Size
- 8.1 KB